New York has completed a $1.2 billion capital improvement initiative for New York City Housing Authority (NYCHA) buildings. The announcement was made on Monday, July 7th, and highlights the state’s investment in replacing elevators, upgrading heating systems, and renovating building facades. These enhancements span 24 developments and impact nearly 39,000 residents across all five boroughs, improving safety, accessibility, and living standards in public housing.
Governor Kathy Hochul stated, “NYCHA residents deserve access to a safe, affordable, and quality place to live — and these improvements are critical to making that reality.” In addition to 125 elevator replacements, the effort included 17 upgraded heating systems and 36 facade restorations. Mayor Eric Adams emphasized the upgrades will help tenants “stay safe, stay warm, and stay healthy,” echoing the city’s pro-housing stance for underserved communities.
The project was funded through the Dormitory Authority of the State of New York, which has disbursed capital since 2019 under multiple state budgets. As outlined in New York State Homes and Community Renewal’s capital strategy, the funding also supports projects under construction and in design. Future phases include 126 more elevator replacements, 105 heating system upgrades, and 88 additional facade renovations across more developments.
Lisa Bova-Hiatt, NYCHA’s CEO, credited state funding for helping reverse decades of federal disinvestment. She stated that the improvements will raise the quality of life for all NYCHA residents. State legislators have also voiced support, describing the upgrades as essential to ensure that affordable housing meets modern safety and reliability standards. In total, nearly 123,000 NYCHA residents will benefit upon project completion.
State Senator Brad Hoylman-Sigal stated that “over 120,000 New Yorkers…will benefit from more reliable elevator service, new and improved heating systems, and crucial facade repairs.” Officials say this effort aligns with broader public housing reform efforts, including the New York Public Housing Preservation Trust, established to modernize up to 25,000 apartments. Additional state funding for FY25 and FY26 will continue to support capital needs and quality-of-life improvements.
State officials confirmed that NYCHA received $1.6 billion in total state allocations since 2019, including $365 million committed in the latest budget cycle. These funds aim to enhance livability for thousands of families, seniors, and individuals across New York City’s public housing communities. Legislative leaders pledged continued support for ongoing infrastructure and housing equity initiatives.
