Public housing lacks money for repairs

New York /
Oct.October 25, 2010 12:30 PM

Public housing is literally crumbling around the country, as federal money has been unable to keep up with the repair needs of older buildings. Over the last 15 years, 150,000 of the nation’s public housing units have been lost, as agencies have sold or torn down decrepit properties, officials told the New York Times. Tenants of New York’s public housing say repair delays have never been worse. The New York City Housing Authority already has 106,000 unfulfilled work orders, 9,000 of which are scheduled for 2012 and an additional 300 for 2013. The country’s housing authorities still need $22 billion to $32 billion to rehabilitate their buildings, said David Lipsetz, a senior adviser in the Office of Public and Indian Housing with the Department of Housing and Urban Development, an average of $25,000 for each of the 1.175 million public housing units. In response, HUD has drafted legislation that would allow housing agencies to borrow public and private money, using their land and buildings as equity, to finance repairs. [NYT]

 

Related Articles

arrow_forward_ios
NYCHA Chairman Gregory Russ and NYCHA federal monitor Bart Schwartz. (NYCHA Monitor)
NYCHA overhauling management system
NYCHA overhauling management system
President Joe Biden (iStock, Getty/Photo Illustration by Kevin Rebong)
Biden bans LGBT-based housing discrimination
Biden bans LGBT-based housing discrimination
Housing Expert Shaun Donovan on his Bid for NYC Mayor
Shaun Donovan can do housing. Can he do politics?
Shaun Donovan can do housing. Can he do politics?
Marcia Fudge (Getty)
Joe Biden taps Marcia Fudge, Ohio congresswoman, as HUD secretary
Joe Biden taps Marcia Fudge, Ohio congresswoman, as HUD secretary
Clockwise from top left: California Rep. Karen Bass; Atlanta Mayor Keisha Lance Bottoms;  Former Jacksonville Mayor Alvin Brown, National Low Income Housing Coalition president and CEO Diane Yentel; and Local Initiatives Support Corporation president and CEO Maurice Jones (Getty)
Five candidates emerge for Biden’s HUD secretary
Five candidates emerge for Biden’s HUD secretary
Ben Carson (Getty)
HUD Secretary Carson tests positive for Covid
HUD Secretary Carson tests positive for Covid
Housing and Urban Development secretary Ben Carson (Getty; iStock)
CoreLogic’s screening algorithm may have discriminated against renters: lawsuit
CoreLogic’s screening algorithm may have discriminated against renters: lawsuit
HUD's Lynne Patton and of Frederick Douglass Houses resident Claudia Perez (Getty; RNC)
NYCHA tenants say they were duped into RNC video appearance
NYCHA tenants say they were duped into RNC video appearance
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...