Stringer accuses NYC Housing Authority of incompetence

Comptroller's new audit says housing projects lost out on $692M due to poor management

TRD New York /
Dec.December 17, 2014 05:20 PM

The New York City Housing Authority is under fire by city Comptroller Scott Stringer for allegedly missing out on $700 million over the last decade that could have been used to improve decaying public housing stock.

Stringer released a new audit Wednesday detailing ways that NYCHA failed to take advantage of federal programs, Crain’s reported. The programs could have paid for widespread heating and lighting upgrades, and also could have shifted the burden of thousands of apartments to the federal government. According to the audit, the authority did not push to convert 8,400 units of public housing to federally funded Section 8 vouchers.

“The nearly $700 million that was left on the table could and should have been used to maintain, repair and rebuild New York’s deteriorating public housing stock,” Stringer said in a statement released with the audit. “The culture of incompetence at NYCHA is an insult to residents and all New Yorkers at a time when the authority needs all the funds it can get to help fill its crippling funding gaps.”

The report also said NYCHA could have minimized cuts to its budget, which have totaled $1 billion since 2001.

NYCHA disputed the audit’s findings and called it alarmist and unrealistic in a response statement.

Stringer has a history of criticizing NYCHA. Just this year, he has released audits castigating them for mismanagement of a construction jobs program, and also cataloguing complaints from NYCHA residents. [Crain’s] — Tess Hofmann


Related Articles

arrow_forward_ios
(Credit: iStock)

No Covid break for big properties with unpaid taxes

No Covid break for big properties with unpaid taxes
NYCHA CEO Gregory Russ and NYCHA houses (Credit: Minneapolis Public Housing Authority, Spencer Platt/Getty Images)

NYCHA tenants with zero income pay zero rent

NYCHA tenants with zero income pay zero rent
New York City Comptroller Scott Stringer (Credit: Andrew Burton/Getty Images, iStock)

Coronavirus will cost city billions in tax revenue: comptroller

Coronavirus will cost city billions in tax revenue: comptroller
New York City Deputy Mayor of Housing and Economic Development Vicki Been and New York state Sen. Brad Hoylman (Credit: Been via NYU; Hoylman by Roy Rochlin/Getty Images)

Chorus for moratorium on evictions grows louder in New York

Chorus for moratorium on evictions grows louder in New York
NYCHA wants to create “citywide clearinghouse” for its 80M sf of air rights

NYCHA wants to create “citywide clearinghouse” for its 80M sf of air rights

NYCHA wants to create “citywide clearinghouse” for its 80M sf of air rights
State Legislators Linda B. Rosenthal and Brad Hoylman with 200 Amsterdam Avenue (Credit: Getty Images)

Pols slam city for backing developers of 200 Amsterdam

Pols slam city for backing developers of 200 Amsterdam
The Red Hook NYCHA Houses in Brooklyn (Credit: Jim.henderson via Wikipedia)

NYCHA hit with class action alleging “deplorable” conditions

NYCHA hit with class action alleging “deplorable” conditions
East Williamsburg’s Williamsburg Houses and the Harlem River Houses and (Credit: Wikipedia)

NYCHA inks $1.5B deal to privatize management of 5,900 units

NYCHA inks $1.5B deal to privatize management of 5,900 units
arrow_forward_ios

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

Loading...