HPD on block-by-block plan capital commitments for Mitchell-Lamas
Phillips highlights the administration's block-by-block housing plan dedicating hundreds of millions across FY27-28 for capital improvements in city-supervised Mitchell-Lamas, and a holistic portfolio-wide approach.
Early on, this administration recognized the challenges facing the Mitchell-Lama portfolio, and we took proactive steps to address them.
In the block-by-block housing plan, the administration laid out a plan to dedicate hundreds of millions of dollars across fiscal years.
27 and 28 to specifically target capital improvements in city supervised Mitchell Llamas.
We are also committed to taking a holistic portfolio wide approach to addressing the capital needs and broader challenges facing the city's Mitchell Lama portfolio.