De Blasio Administration Entering into Historic $2 Billion Settlement to Fund NYCHA
New York, NY - June 11, 2018 Community Voices Heard (CVH) is excited to learn of the City’s historic $2.2 billion investment in NYCHA under a consent decree with the Southern District of New York.
CVH has been unapologetically leading a NYCHA campaign and housing justice fight to demand transparency, accountability, and REPAIRS are made in NYCHA residences. We are pleased that Manhattan U.S. Attorney Geoffrey Berman echoes the stories of our members who have said for years that “NYCHA’s failure to provide decent, safe, and sanitary housing is simply unacceptable and illegal...”
Just last week CVH stood in front of City Hall alongside members of the City Council to reiterate our call for an annual investment of $1 billion in capital funding to address the critical needs in public housing. We see this settlement as an important first step for New York City to reclaim its mantle of leadership in the area preservation of public housing and look forward to an increased annual investment from the City, as well as a project timeline, that will be necessary to ensure healthy homes for all.
This investment can and should act as an economic stimulator that allows New Yorkers to participate in fixing NYCHA’s infrastructure for the next generation for working families. Oversight of these funds is a critical part of this investment, and we maintain that a resident-led Tenant Oversight Council is the best method to ensure accountability.