Per new agreement, Housing Authority will file reports to City Council

The embattled New York City Housing Authority has signed an agreement to update regularly the City Council on how it uses taxpayer funds, the New York Daily News reported.

After recent controversies over NYCHA’s management, including six-figure salaries for board members, failure to repair crumbling buildings and the revelation that the agency is sitting on nearly $1 billion of federal cash, City Council speaker Christine Quinn took the agency to task at a meeting in August, the News said, urging NYCHA Chairman John Rhea to keep the Council in the loop.

Yesterday, the agency signed on to provide a quarterly report listing every project it is working on, and stating whether it is on schedule, and whether or not it is over budget, the News said. [NYDN] — Guelda Voien