Monday, 11 June 2018

City reaches $2B deal with feds over NYCHA problems

New York City agreed to spend more than $2 billion over a decade to settle a federal investigation into health and safety issues at the New York City Housing Authority. The city will spend an additional $1 billion over the first four years on top of what it’s already pledged to NYCHA, as well as $200 million annually for each of the following years over the 10-year term, the Wall Street Journal reported. City officials […]



source https://therealdeal.com/2018/06/11/city-reaches-2b-deal-with-feds-over-nycha-problems/

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