NYCHA faces $1B budget gap as de Blasio spends stimulus elsewhere

nypost ^ | 05/26/2021 | Nolan Hicks

[ChicagoConservative27]

The scandal-plagued New York City Housing Authority faces a new obstacle amid an overhaul to finance $40 billion in repairs — it’s running out of cash for its current operations.

The agency faces a multi-year budget deficit of more than $1.2 billion between 2022 and 2025 — with annual shortfalls of at least $249 million, according to new budget projections from the City Council and the Independent Budget Office.

[ChicagoConservative27]

I read that 400,000 people still live in these project towers. Sounds like its a generational lifestyle. If the rats had their way we would all be living in these soviet style apartment towers. These residents complain about living conditions but what do you expect from government?

[butlerweave]

The de Blasio’s already have an $800 million retirement fund from a few years ago

[rlmorel]

Maybe if they hadn’t been wasting money on things like cop details to guard BLM graffiti, or detectives trying to figure out who defaced the defacement, there might be money for other things.

[Shady]

But, according to Tish James, our worthless AG, Orange Man belongs in Orange suit. What a loser.

[Chode]

somebody turn deblowzo’s dyke wife upside down and give it a good shake... see what falls out of it’s pockets

[PGalt]

NYCHA looks like CHYNA : )

[Thank You Rush]

“”In addition to our push to unlock billions in federal dollars via the Blueprint for Change, we are hopeful Congress will appropriate additional capital funding in the upcoming infrastructure bill,” she added.””

Of course they are HOPEFUL. That’s why no one in power ever has to take responsibility for their actions - someone will come to the rescue with $$$ to take place of the ones they squandered. This has nothing to do with INFRASTRUCTURE that is being touted in DC. BUT what is?

Biden can try explaining what happened to the “shovel ready” funds!!

[Thank You Rush]

“”In addition to our push to unlock billions in federal dollars via the Blueprint for Change, we are hopeful Congress will appropriate additional capital funding in the upcoming infrastructure bill,” she added.””

Of course they are HOPEFUL. That’s why no one in power ever has to take responsibility for their actions - someone will come to the rescue with $$$ to take place of the ones they squandered. This has nothing to do with INFRASTRUCTURE that is being touted in DC. BUT what is?

Biden can try explaining what happened to the “shovel ready” funds!!

[Thank You Rush]

WHOOPS - sorry - had to leave and lost my place...