City Will Invest $1 Billion for NYCHA Roofs

Mayor Bill de Blasio has committed $1 billion in City funds to replace deteriorating roofs on NYCHA buildings over the next 10 years, improving over 700 buildings and benefitting more than 175,000 NYCHA residents. 

“This crucial investment – the largest City investment in NYCHA – will improve quality of life for our city’s children, teachers, fire fighters and other public servants who live in NYCHA housing and who keep this city running,” said Mayor de Blasio. 

The new roofs will help preserve buildings by protecting them from leaks and will help reduce mold caused primarily by leaking roofs. The funding will also reduce expenses by making buildings more efficient. When coupled with Mayor de Blasio’s 2015 commitment of investing $300 million over three years, the total amount allocated to this initiative reaches $1.3 billion to fix over 950 roofs. 

“This historic commitment is about more than just bricks and mortar, it’s about investing in New York City’s working families and our City’s most vulnerable,” NYCHA Chair and CEO Shola Olatoye said. “Now more than ever, critical infrastructure upgrades are vital as we continue to implement NextGeneration NYCHA, our long-term strategic plan to create safe, clean and connected public housing.”