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New York City Housing Authority
HUD Steps In To Help NYC With Section 8 But More Help Is Needed
NEW YORK CITY HOUSING AUTHORITYThe Department of Housing and Urban Development has decided to loan the New York City Housing Authority (NYCHA) $23.5 million to maintain its Section 8 housing voucher program. NYCHA is short $45 million for the program and had previously announced that about 10,000 families were in danger of losing their housing subsidies.
NYCHA May Cut Housing Vouchers For Needy Families
NEW YORK CITY HOUSING AUTHORITYThousands of New Yorkers are in danger of losing their Section 8 vouchers. The city is running low on funds and may be unable to continue supporting these vouchers. The New York City Housing Authority cites a $45 million deficit as the reason for these potential cuts.
NYCHA Bailout Depends on Albany Approval
AFFORDABLE HOUSING PRESERVATION NEW YORK CITY HOUSING AUTHORITYThirteen-thousand NYCHA owned apartments may be eligible for federal funding as part of the Obama administration's recovery package. To be eligible, however, the State Senate must first pass a bill that would allow NYCHA to submit an application to HUD before March 17, 2010.
Michael Kelly to Become General Manager Of NYCHA
NEW YORK CITY HOUSING AUTHORITYMr. Michael Kelly, formerly the executive director of the District of Columbia Housing Authority, will take over as General Manager of the New York City Housing Authority as of Monday. Mr. Kelly has a long track record of managing public housing in cities including San Francisco and New Orleans.
NYCHA to Receive Capital Funds from Stimulus Package
NEW YORK CITY HOUSING AUTHORITYThe New York City Housing Authority (NYCHA) is poised to receive at least $390 million for capital improvements under the economic stimulus bill currently being negotiated in the Senate. The funding will be used to upgrade the authority's troubled fleet of elevators, as well as for repairs to building roofs and facades.
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