Faced with shrinking federal spending on affordable housing and a strained housing market, the New York City Housing Authority is dealing with a massive budget shortfall and a massive wait list.
"After years of shrinking government investment in public housing, the agency has a $77 million budget deficit this year and unfunded capital needs totaling $18 billion, its officials say," reports Mireya Navarro.
"Shola Olatoye, the housing authority’s chairwoman, said the huge shortfalls had pushed public housing into a 'pretty dire' phase, leaving the authority unable to meet many of its day-to-day obligations, like timely repairs, and most of its long-term capital needs."
Affordable housing advocates are falling short of a government action, "some use the term Marshall Plan," to rescue public housing in New York City.
FULL STORY: Public Housing in New York Reaches a Fiscal Crisis
New York Public Housing Needs $78 Billion in Repairs
A new assessment from the city’s housing agency calls for $60 billion in needed repairs over the next five years.
Housing Advocates Gain More Allies on Capitol Hill, by Way of New York City
A growing number of congressional representatives serving the city of New York support aggressive public investment in housing programs.
HUD Official Moves From Trump Plaza to New York Public Housing
The Trump administration's critiques of the New York City Housing Authority (NYCHA) took a strange turn this week.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
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