Sunday 1 April 2018

HUD restricts NYCHA’s access to capital funds

In response to the devolving condition of New York’s public housing and the recent lead paint inspection scandal, the federal government is taking a firm stance. The New York City Housing Authority will have to get the U.S. Department of Housing and Urban Development’s approval for every expenditure from here on out, reports the Wall Street Journal. “We don’t want to do it that way, but they forced us into doing it that way until […]



source https://therealdeal.com/2018/04/01/hud-restricts-nychas-access-to-capital-funds/

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