Annual Plan & Financial Information

Audio Description: This video is the live stream of the Draft Significant Amendment to the F2019 Annual Plan and Draft FY2020 Plan Public Hearing on July 19, 2019.

Playback issues? Watch the livestream replay in your browser.

The Draft FY 2020 Annual PHA Plan and Five-Year Agency Plan for Fiscal Years 2020-2024


On May 31, 2019 the New York City Housing Authority published its Draft FY 2020 Annual PHA Plan and Five-Year Agency Plan for Fiscal Years 2020-2024, which will be available for public review online, at NYCHA’s Central Office and each development’s management office.

NYCHA will hold a public hearing at the Borough of Manhattan Community College (“BMCC”) in Manhattan on July 18, 2019 and will accept written comments on the Draft Plan through July 19, 2019.

Draft Significant Amendment to the Annual Plan for Fiscal Year 2019 – FY 2019 Capital Fund Submission


On May 31, 2019, NYCHA published a Draft Significant Amendment to the Fiscal Year 2019 Annual PHA Plan for public review. The Significant Amendment includes the Draft FY 2019 Capital Plan and 5-Year Action Plan for public review.

Final Significant Amendment to the Fiscal Year 2019 Annual PHA Plan

Audio Description: This video is the live stream of the The Draft Significant Amendment to the Fiscal Year 2019 Annual PHA Plan public hearing on February 23, 2019.

Playback issues? Watch the livestream replay in your browser.

On March 21, 2019, NYCHA submitted a Significant Amendment to the Fiscal Year 2019 Annual PHA Plan to HUD for approval. The Significant Amendment is available for review online, at NYCHA’s Central Office and each development’s management office.

NYCHA is amending its Annual Plan for Fiscal Year 2019 in order to include a statement on implementing the new public housing income limit requirements mandated under the federal Housing Opportunity Through Modernization Act (HOTMA) and HUD rules. Housing authorities have the option under HOTMA to either evict households with incomes over a certain limit or allow them to remain in public housing and pay higher rent. NYCHA will allow these households to remain in public housing, paying higher rent according to a HUD formula described on page 16 of the Draft Significant Amendment.

NYCHA is also requesting HUD approval for a retention action pursuant to 2 CFR Part 200 for the remaining developments in the LLC II portfolio: 344 East 28th Street and Wise Towers in Manhattan and Boulevard and Linden in Brooklyn. Through this action, all units in the developments will be operated outside the federal public housing program. Families will be transitioned to Section 8 assistance. Families ineligible for Section 8 assistance will be allowed to remain in place and pay no more than 30% of their adjusted gross income towards rent.

As part of this Significant Amendment to the FY 2019 Annual Plan, in order to improve the financial stability of NYCHA’s RAD conversions, NYCHA is requesting HUD approval to use the Section 18 disposition process for some or all units within the developments currently approved or being considered for RAD conversion. Resident rights will remain consistent across all developments and residents will continue to pay no more than 30% of adjusted gross income towards rent.

NYCHA is also requesting approval to use the Section 18 disposition process for up to 25% of the units in the aggregate for the following developments previously approved for RAD conversion: Bushwick II (Groups B & D), Hope Gardens and Palmetto Gardens. Resident rights will remain consistent across all developments and residents will continue to pay no more than 30% of adjusted gross income towards rent. Bushwick II (Groups A & C) and Bushwick II CDA (Group E) will be entirely conveyed through Section 18 as part of the RAD conversion of the Hope Gardens public housing consolidation.


The Final FY 2019 Annual PHA Plan

On October 18, 2018, the New York City Housing Authority published its Final FY 2019 Annual PHA Plan which is available for public review online, at NYCHA's Central Office and each development's management office.

NYCHA held a public hearing at the Borough of Manhattan Community College (“BMCC”) in Manhattan on May 22, 2018.


Final Significant Amendment to the Annual Plan for Fiscal Year 2018 – RAD for Scattered Sites, PACT/Unfunded Units, 100% Affordable Housing and Seniors First and the FY 2018 Capital Fund Submission

On August 23, 2018, NYCHA submitted a Significant Amendment to the Fiscal Year 2018 Annual PHA Plan to HUD for approval. NYCHA is amending its Annual Agency Plan for Fiscal Year 2018 because it plans to convert the following public housing developments to project-based Section 8 under the NextGen NYCHA Permanent Affordability Commitment Together (PACT)/Rental Assistance Demonstration (RAD) program:

  • Betances I
  • Betances IV
  • Betances V
  • Betances VI
  • Bushwick II (Groups B & D)
  • Hope Gardens

As a result, NYCHA will be converting public housing subsidies to Project Based Vouchers (PBV) at these developments under the guidelines of PIH-2012-32 (HA) H-2017-03, REV-3 (Notice) and any successor Notices. NYCHA also requests HUD approval for a retention action pursuant to 2 CFR Part 200 for Independence and Williams Plaza in Brooklyn. Through this action, all units in the developments will be operated outside the federal public housing program. Families will be transitioned to Section 8 assistance. Families ineligible for Section 8 assistance will be allowed to remain in place and pay no more than 30% of their income for rent.

The Amendment includes the disposition of parcels of land at Baruch, Bushwick II CDA (Group E), and Sotomayor for the development of new 100% affordable housing for seniors and land at Cooper Park for the NextGeneration Neighborhoods program. The FY 2018 Capital Plan and 5-Year Action Plan was also submitted for approval.


The Draft FY 2019 Annual PHA Plan

Audio Description: This video is the live stream of the Draft Fiscal Year 2019 Annual PHA Plan public hearing on May 22, 2018.

Playback issues? Watch the livestream replay in your browser.

On April 6, 2018 the New York City Housing Authority published its Draft FY 2019 Annual PHA Plan which will be available for public review online, at NYCHA’s Central Office and each development’s management office.

NYCHA will hold a public hearing at the Borough of Manhattan Community College (“BMCC”) in Manhattan on May 22, 2018 and will accept written comments on the Draft Plan through May 23, 2018.


Significant Amendment to the Annual Plan for Fiscal Year 2018 – RAD for Scattered Sites, PACT/Unfunded Units, 100% Affordable Housing and Seniors First and the FY 2018 Capital Fund Submission


On April 6, 2018, NYCHA published a Significant Amendment to the Fiscal Year 2018 Annual PHA Plan for public review. NYCHA is amending its Annual Agency Plan for Fiscal Year 2018 because it plans to convert the following public housing developments to project-based Section 8 under the NextGen NYCHA Permanent Affordability Commitment Together (PACT)/Rental Assistance Demonstration (RAD) program:

  • Betances I
  • Betances IV
  • Betances V
  • Betances VI
  • Bushwick II (Groups B & D)
  • Hope Gardens

As a result, NYCHA will be converting public housing subsidies to Project Based Vouchers (PBV) at these developments under the guidelines of PIH-2012-32 (HA) H-2017-03, REV-3 (Notice) and any successor Notices.

NYCHA is also requesting HUD approval for a retention action pursuant to 2 CFR Part 200 for Independence and Williams Plaza in Brooklyn. Through this action, all units in the developments will be operated outside the federal public housing program. Families will be transitioned to Section 8 assistance. Families ineligible for Section 8 assistance will be allowed to remain in place and pay no more than 30% of their income for rent.

The Amendment includes the disposition of parcels of land at Baruch, Bushwick II CDA (Group E), and Sotomayor for the development of new 100% affordable housing for seniors and land at Cooper Park for the NextGeneration Neighborhoods (50/50) program.

NYCHA is also releasing its Draft FY 2018 Capital Plan and 5-Year Action Plan for public review.


The Final FY 2018 Annual PHA Plan

On October 18, 2017 the New York City Housing Authority published its Final FY 2018 Annual PHA Plan which will be available for public review online, at NYCHA’s Central Office and each development’s management office.

NYCHA held a public hearing at the Borough of Manhattan Community College (“BMCC”) in Manhattan on September 6, 2017 and accepted written comments on the Draft Plan through September 8, 2017.


Final Significant Amendment to the Annual Plan for Fiscal Year 2017 - PACT Program for Unfunded Units

On July 21, 2017, NYCHA released a Significant Amendment to the FY 2017 Annual PHA Plan to HUD for public review. The unfunded unit portfolio includes 8 developments (LLC II developments) that currently receive no public housing funding. To finance badly needed repairs at these developments and preserve their affordability, NYCHA is expanding PACT to create a public-private partnership and bring these units into the Authority’s Housing Choice Voucher (Section 8) program.

NYCHA held a public hearing at the Borough of Manhattan Community College (“BMCC”) in Manhattan on September 6, 2017 and accepted written comments on the Proposed Amendment through September 8, 2017.


FY 2017 Annual PHA Plan

On October 18, 2016, the New York City Housing Authority submitted its Final FY 2017 Annual PHA Plan to HUD for approval. The Final Annual Plan for FY 2017 will be available for public review online, at NYCHA’s Central Office and each development’s management office.


Financial Information


Budget and Financial Plan

This section provides documents related to the Housing Authority’s budgets, both Operating and Capital, for the current year and projected for the next four years. Below you will find links to the Budget Summary, which is a broad overview of NYCHA’s proposed budget for the current year. You will also find the Budget Book, which provides a detailed account of NYCHA’s proposed Budget and Financial Plan for the current year as well as the next four years.

FY 2019 Budget Information

The Board of the New York City Housing Authority (NYCHA) adopted the 2019-2023 Operating Plan (the Plan) and the Capital Plan were both adopted on December 19th, 2018.

FY 2018 Budget Information

The Board of the New York City Housing Authority (NYCHA) adopted the 2018-2022 Operating Plan (the Plan) and the Capital Plan were both adopted on December 20th, 2017.

FY 2017 Budget Information

The Board of the New York City Housing Authority (NYCHA) adopted the 2017-2021 Operating Plan (the Plan) and the Capital Plan were both adopted on December 21st, 2016.

FY 2016 Budget Information

The Board of the New York City Housing Authority (NYCHA) adopted the 2016-2020 Operating Plan (the Plan) and the Capital Plan were both adopted on December 23rd, 2015.

Comprehensive Annual Financial Report

The Comprehensive Annual Financial Report (CAFR) is a complete, independently audited set of NYCHA’s annual financial statements. In it you will find an introduction to NYCHA and our executive management team, management’s discussion and analysis of NYCHA’s financial performance, statements of net assets, revenues, expenses, cash flows and related information. The CAFR contains a statistical section comparing operating and non-operating revenues and expenses, financial indicators, resident demographics and data on NYCHA developments.


Previous Annual Plans and Financial Information