City public housing gets $300 million in aid

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

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 21-year-old was critically injured after crashing his 1 21-year-old critically injured in crash on Bronx River Parkway
A violent brawl captured on video Thursday night 2 City Island restaurant brawl captured on video
3 Neighborhood Brief for Feb. 26
VIDEO: Scenes from fatal accident 4 VIDEO: Scenes from fatal accident
A family member tells News 12 she was 5 Family displaced, 9 injured in Morrisania apartment fire

advertisement | advertise on News 12

Features

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.

LOGIN SUBSCRIBE