New York, NY – November 8, 2013 – (RealEstateRama) — The New York City Housing Authority (NYCHA) today announced the selection of a development team to begin work at six of NYCHA’s project-based Section 8 properties. This transaction is part of a mixed-finance project that will both provide funding for critical work to improve the apartments and buildings to improve residents’ quality of life, and use energy more efficiently. NYCHA expects the development team to provide residents with dedicated daily maintenance and upkeep before, after and during the complete renovation of their apartments, buildings and property that it will undertake.
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