Res. No. 26
Title
Resolution calling upon the New York City Housing Authority to assess the feasibility of utilizing cogeneration to increase energy efficiency in its developments.
Body
By Council Members Cabrera and Ampry-Samuel
Whereas, The New York City Housing Authority ("NYCHA") is a public housing authority with 326 developments, 2,462 buildings, and 176,066 public housing units, making it the largest public housing provider in North America; and
Whereas, Federal funding, which comprises the bulk of NYCHA's capital and operating budgets, has declined substantially over the past several years; and
Whereas, Since 2001, NYCHA's federal capital grants have fallen from $420 million annually to $318 million annually; and
Whereas, As the capital needs of NYCHA's aging infrastructure grow, operating expenses, such as maintenance and repair costs increase; and
Whereas, In addition to maintenance and repair costs, NYCHA's Operating Fund is used for a vast array of day-to-day operations including utilities; and
Whereas, According to NYCHA's most recent Five Year Operating Plan, utility expenditures, which make up a significant portion of NYCHA's operating budget, are expected to increase from $530 million in 2017 to $551 million in 2021; and
Whereas, NYCHA's operating budget is funded by the United States Department of Housing and Urban Development ("HUD"); and
Whereas, NYCHA's funding is based on the subsidy eligibility of all public housing authorities in the nation and HUD's annual federal appropriation; and
Whereas, If the national eligibility exceeds the federal appropriation, HUD must prorate the allocation of subsidy; and
Whereas, Since 2001, proration has resulted in a cumulative operating subsidy loss of over $1.31 billion for NYCHA; and
Whereas, In 2007, the City released a long-term sustainability plan, PlaNYC 2030, which emphasized the critical importance of improving energy planning,...
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