On November 1, 2023, Mayor Eric Adams and Comptroller Brad Lander released a new capital projects tracker that provides New Yorkers a new way to track capital spending. The tracker was mandated by Local Law 37 of 2020, which was sponsored by then-Council Member Lander.
capital funding
Mayor Announces NYCHA 2.0 Plan to Renovate and Preserve Public Housing
The plan will be divided into three programs to address the $24 billion in capital need for repairs and renovations. On December 12, 2018, Mayor Bill de Blasio announced a comprehensive plan named NYCHA 2.0 to renovate and preserve NYCHA housing, aimed to resolving $24 billion in vital repairs. NYCHA 2.0 is a ten-year plan that will deliver renovations for 175,000 residents, fund essential capital repairs across the rest of NYCHA’s portfolio, and launch new … <Read More>