The New York Times on NYCHA’s New Physical Needs Assessment

On July 12, The New York Times reported on NYCHA’s recently released new Physical Needs Assessment; an excerpt of the article is below, and you can read the entire story here.

“New York City’s public housing agency now needs more than $78 billion to repair or renovate aging kitchens, leaky pipes, faulty elevators and other problems over the next 20 years, officials revealed on Wednesday.

. . . NYCHA’s developments are home to more than 330,000 people, a population larger than that of Orlando or Pittsburgh.

While more than 40 percent of the families living in NYCHA homes have at least one person who is working, the agency estimates, the system is also increasingly a source of housing for the city’s growing number of older people on fixed incomes.

NYCHA homes are also unique pockets of affordability in one of the most expensive places to live in the world. Rents for public housing residents tend to be capped at 30 percent of their income, and the average rent is less than $560 per month.“