Kevin P. Coughlin / Office of the Governor
Flooding in Queens following Hurricane Ida.
El fondo recibió 528 aplicaciones y hasta el 26 enero, menos de la mitad (216 aplicaciones) habían sido aprobadas. De los $27 millones de dólares disponibles para este fondo, menos de un millón de dólares ha sido desembolsado.
The same combination of streamlined pension fund investments and public subsidies that worked so successfully in the 1980s and early 1990s, needs to be reinvigorated to preserve the city’s enormous reservoir of privately-owned affordable housing.’
The fund received 528 applications and as of Jan. 26, less than half (216 applications) had been approved. Of the $27 million available for this fund, less than $1 million has been disbursed so far.
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