New York City Agrees to Pay $2 Billion on Public Housing

A lawsuit and the resulting settlement forces the city of New York to improve the state of its public housing.

1 minute read

June 12, 2018, 7:00 AM PDT

The Associated Press reports that New York City will settle a claim that the New York City Housing Authority (NYCHA) regularly violates health and safety regulations by spending $2 billion to overcome its problems.

The settlement is stated in a consent decree that resulted from a federal lawsuit against the public housing agency. The consent degree establishes a ten-year process that includes the appointment of a monitor to run the NYHCA.

FULL STORY: Accused of neglect, NYC to spend $2B on public housing

Monday, June 11, 2018 in Associated Press via Crain's New York Business

Housing New York New York City New York City Housing Authority (NYCHA) Public Housing Lawsuits U.S. Department of Housing and Urban Development View More

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