- City Limits

"The New York City Housing Authority (NYCHA) needs an estimated $78 billion in capital repairs over the next 20 years across its more than 2,500 buildings, according to its 2023 Physical Needs Assessment. The hefty price tag-which increased by more than 70 percent since the previous assessment was conducted five years earlier, in 2017- "reflects deteriorating conditions of NYCHA's infrastructure following decades of federal disinvestment and significant price escalation in the construction sector over the last few years," housing authority officials said. Those costs include needed lead-based paint and asbestos abatement, upgrades to heating and hot water systems, plumbing, building facades and windows, and renovations to individual apartment interiors."

"In an effort to cover the costs, NYCHA has in recent years turned to alternative funding models, converting select properties from the federal Section 9 program to Section 8 under either the Permanent Affordability Commitment Together (PACT) program or the Public Housing Preservation Trust. To help NYCHA tenants get a clearer sense of the conditions of their homes, City Limits created the following interactive graphics, which include repair needs information for public housing campuses across the five boroughs."

NYCHA faces an estimated $78 billion in capital repairs over the next 20 years for more than 2,500 buildings. The estimate increased by over 70 percent since 2017, driven by deteriorating infrastructure after decades of federal disinvestment and rapid construction-sector price escalation. Repair needs span lead-based paint and asbestos abatement, heating and hot water system upgrades, plumbing, building facades and windows, and apartment interior renovations. NYCHA has converted select properties from federal Section 9 to Section 8 using programs such as PACT and the Public Housing Preservation Trust to access alternative funding. Development-level repair information is available via interactive graphics and will be updated with the next assessment in 2028.

Read at City Limits