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NYCHA Will Get $100M For Energy-Efficient Upgrades


By

Rebecca Fishbein

Published Apr 10, 2015

Modified Apr 10, 2015


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Andriy Prokopenko / Flickr


By

Rebecca Fishbein

Published Apr 10, 2015

Modified Apr 10, 2015


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Cash-strapped New York City Housing Authority will get a financial boost to the tune of $100 million, intended to make some much-needed energy-efficient building improvements.

The initiative, funded primarily by the U.S. Department of Housing and Urban Development (HUD), is part of Mayor de Blasio's plan to cut the city's greenhouse emissions by 80 percent by the year 2050. The cash influx is expected to go towards upgrading boiler and heating systems, improving lighting and installing solar panels at nearly 300 NYCHA developments.

Aside from the obvious environmental benefits, the upgrades will do NYCHA the favor of lowering their energy bills. The savings will probably be a drop in the bucket, considering the Housing Authority currently needs about $18 billion "to bring all of its developments into good repair," according to an audit done by Comptroller Scott Stringer's office last year, but at least this is good for the environment. Plus, jobs? "The benefits of these upgrades will be measured in many ways: in a real reduction of greenhouse gas emissions, in tens of millions of dollars in savings for NYCHA, and in hundreds of good jobs created," de Blasio said yesterday.

Other climate-related plans have included installing solar roofs on public schools, and offering incentives to private landlords in hopes of getting them to retrofit their private properties.

Tagged

climate change

gas emissions

nycha

public housing

original


Rebecca Fishbein

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