COMPTROLLER STRINGER AND NYCHA CHAIR OLATOYE ANNOUNCE SWEEPING OVERHAUL OF HOUSING AUTHORITY INVENTORY SYSTEMS

In a joint announcement, New York City Comptroller Scott M. Stringer and New York City Housing Authority (NYCHA) Chair & CEO Shola Olatoye announced a sweeping overhaul of the agency’s inventory system, following the release today of an audit by the Comptroller that uncovered numerous weaknesses in how the Authority tracks, stores and manages its inventory. As part of the announcement, NYCHA agreed to establish a working group to modernize its supply chain systems with input from the Comptroller’s office and outside experts.