Andrew Yang announces his election as mayor of New York at a news conference on January 14. | Kevin Hagen / AP Photo
Andrew Yang has enough donations to be eligible for funds matching taxpayers, his mayoral campaign said Sunday.
The former hopeful president, who began his New York mayoral bid last month, said he had raised more than $ 250,000 from donors living in New York City. According to the city rules for campaign funding, candidates who reach the threshold with at least 1000 local contributors can receive campaign money from the city, with small contributions corresponding to a rate of 8 to 1.
The campaign expects to raise more than $ 2 million in public funds, according to a memorandum issued Sunday, when the city’s finance campaign confirmed the numbers.
In total, the campaign said it raised more than $ 1 million from all donors, including New Yorkers and non-residents of the city. About 11,000 people donated.
Once verified, Yang will be the fourth Democratic mayoral candidate to reach the matching fund market, following attorney Maya Wiley, Brooklyn Borough President Eric Adams and City Comptroller Scott Stringer.
“Despite the start of the race months, or even years, after other candidates, we quickly raised more than $ 250,000 in 8: 1 donations from New York City residents to be eligible for funds that match the city,” the fastest campaign to reach the threshold for matching funds. in the race, ”campaign managers Sasha Ahuja and Chris Coffey wrote in the memo.
The campaign says the average contribution is $ 84.
Yang led the handful of public polls conducted so far in the primary race, despite a series of alleged obstacles early in his campaign.
He announced earlier this month that he had the Covid-19 and had been removed from the campaign track.