NYCHA
In lower Manhattan alone, NYCHA is responsible for dozens of buildings scattered across several developments.
The reality is that, no matter how streamlined its management nor how transparent its spending plans may be, NYCHA just does not have the resources it needs.
The latest data shows that the city has accomplished much already – but that more needs to be done to ensure that everyone who wishes to call our great city home can afford to do so.
‘Simply put, the impact of this tax credit deferral would be a reduction in the industry’s ability to build and preserve much-needed housing for low- and middle-income New Yorkers – especially right here in New York City.’
‘The city and state will have to work harder – and increase their level of collaboration – in order to continue financing tens of thousands of affordable homes each year.’
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Founded in 1976 in the midst of New York’s fiscal crisis, City Limits exists to inform democracy and equip citizens to create a more just city. The organization is a 501(c)(3) nonprofit funded by foundation support, ad sponsorship and donations from readers.
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Support local, investigative journalism that has informed and empowered New Yorkers for 45 years.
