Press Release from the New York City Housing Authority
FOR IMMEDIATE RELEASE: July 28, 2020
CONTACT: [email protected]
NYCHA PRESENTS A BLUEPRINT FOR CHANGE AT NEW YORK HOUSING CONFERENCE’S 2020 SUMMER SERIES
Long-term Strategy Includes Establishing a Public Housing Preservation Trust and a Stabilization Plan for Every Building
Dear Majority Leader McConnell, Democratic Leader Schumer, Chairman Shelby, and Vice Chairman Leahy:
On behalf of the Council of Large Public Housing Authorities (CLPHA), I am writing to express our support and to urge Senate passage of the recent House-passed HR 6800, the Health and Economic Recovery Omnibus Emergency Solutions Act (“HEROES Act”), particularly provisions in the legislation pertaining to housing and community development policies and funding.
In mid-June the King County Housing Authority issued $140 million in tax-exempt housing revenue bonds to provide permanent financing for the acquisition of Hampton Greens, a 326-unit workforce housing complex in Bellevue, Wash., and to assume outstanding debt on four other workforce properties.
CLPHA Responds to Trump’s Proposed Cuts to Public Housing Budget
In the face of an estimated capital needs backlog of $70 billion, HUD’s budget zeroes out the public housing capital fund, which is used to address the growing physical needs of aging properties.
Following the devastating November fire at the Minneapolis Public Housing Authority’s (MPHA) Cedar High apartments, Minneapolis’s Star Tribune reported on the chronic federal underfunding of public housing that contributes to the massive, nationwide capital needs backlog at public housing communities and requires PHAs to make tough choices about building main