Press Release

Schumer, Gillibrand Announce Over $600 Million In Funding For Public Housing Assistance In New York City

Mar 11, 2021

U.S. Majority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand today announced $601,270,521 in FY 2021 allocations for the Capital Fund Program in New York City, which provides annual grants to Public Housing Authorities. The funding was allocated through the U.S. Department of Housing and Urban Development (HUD) and will help communities across New York address housing insecurity, increase health and safety measures for public housing residents, and develop and modernize Public Housing properties. This funding is part of a total $674,880,773 that Senators Schumer and Gillibrand delivered in public housing assistance across New York State. 

“Investing in NYCHA and public housing across New York is critical to providing a safe and affordable home for hundreds of thousands of our neighbors,” said Senator Schumer. “That is why I am proud we fought for and delivered this critical investment of $600 million, which will help many New Yorkers have an affordable place to call home and will also increase health and safety measures for residents, and make critical updates and repairs.” 

“Safe, affordable, and reliable housing should be available for all New Yorkers regardless of their socioeconomic status,” said Senator Gillibrand. “This substantial federal investment will help provide funding to support public housing around NYS and is a lifeline for communities drained by the pandemic. I will continue to fight for federal programs and funding that our state desperately needs to improve public housing and help ensure low-income individuals can access safe and affordable shelter.” 

Senators Gillibrand and Schumer have been long-standing advocates for affordable housing. Last March Schumer and Gillibrand delivered $2.4 billion in federal funding for economic development and public infrastructure through the Community Development Block Grant (CDBG) program as part of the coronavirus stimulus package. The senators have also secured various other federal investments such as NeighborWorks America grants to bring local solutions to affordable housing challenges across New York. Last month, Senator Gillibrand sent a letter calling for the full funding of the Community Development Block (CDBG) program, which funds local community development initiatives that support jobs, housing, infrastructure, and public services for millions of Americans. Additionally, the senator called for $5 billion to be included for the Public Housing Capital Fund in the Fiscal Year 2021 Transportation, Housing and Urban Development, and Related Agencies appropriations bill.

The Capital Fund Program grants to Public Housing Authorities annually for the development, financing, and modernization of Public Housing properties and for management improvements.

New York City

Organization

City

Amount

New York City Housing Authority

New York

$601,270,521