City public housing gets $300 million in aid

THE BRONX - The New York City Housing Authority will receive around $300 million in funds from federal and private sources.

The funds will go toward renovating and maintaining more than 20,000 public housing units. Private funds make up the majority of the aid at $210 million. Federal funds will provide an additional $65 to $75 million.

The Housing Authority says a limited, private partnership was the only way to obtain funds. Authority Chairman John B. Rhea said he is confident rents will not increase as a result.

AP wires contributed to this story

advertisement | advertise on News 12

Trending Video

A 3-year-old girl died after a car accident 1 3-year-old killed in crash on Bruckner Boulevard
Demonstrators sit on the ground along Pennsylvania Ave. 2 Marchers use Trump's 100th day to protest climate policies
Three of the five children of slain first 3 Children of slain first responder announce Jets draft pick
MS-13 has been blamed for a trail of 4 AG Jeff Sessions to visit Long Island on gang violence
New legislation passed by the City Council will 5 Word on the Street: Bedbugs

advertisement | advertise on News 12


Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.