NYCHA Secures Record-Breaking Preservation Funding and Pursues Innovative Projects
In 2025, NYCHA’s Real Estate Development Department (REDD) secured a record-breaking $2.9 billion in investments for NYCHA developments and communities through the Permanent Affordability Commitment Together (PACT) program. Through public-private partnerships, PACT developments will enjoy comprehensive renovations, enhanced property management, and expanded on-site social services. Across the city, REDD has worked closely with residents to ensure that the renovations meet the needs and priorities of each community. “I am looking forward to the change!”… MORE
Read more