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Private developers to renovate 1,673 NYCHA public housing units in East New York

The properties include the Boulevard Houses, Fiorentino Plaza, and the Belmont-Sutter Area Houses. This project is being facilitated through the NYCHA’s Permanent Affordability Commitment Together (PACT) initiative, in which selected developments receive needed renovations, along with expanded.

Private Developers to Renovate NYC Public Housing

A consortium of developers have secured a $600-million loan to renovate more than 1,600 units in the New York City Housing Authority's portfolio.

NYCHA and HDC finalize $1 4B deal for Brooklyn Residents

On Tuesday, the New York City Housing Authority (NYCHA) and New York City Housing Development Corporation (HDC) closed on the financing of three Permanent Affordability Commitment Together (PACT) transactions to fund comprehensive renovations for 5,226 apartments across six NYCHA campuses in Brooklyn: Williamsburg Houses, Linden Houses, Penn-Wortman Houses, Boulevard Houses,.

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