New York City Housing Authority (NYCHA) Houses
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Reports indicate that the New York City Housing Authority is selling 50 percent of its stake in housing projects, approximately 900 apartments, to private developers.
A controversial plan would allow a residential condo building to have one entrance for its residents who buy condos facing the Hudson River and another for affordable housing residents facing the street.
In a further attempt to fight crime, Bloomberg suggested last week that residents at New York City Housing Authority (NYCHA) complexes be fingerprinted in order to make them safer.
As the sequester continues in Washington, D.C., it appears cuts to government-funded programs are sparing no one. That includes the New York City Housing Authority (NYCHA), which is seeing cuts totaling $205 million.