Half of NYCHA's $78 billion repair bill has no plan to pay for it
NYCHA's 20-year capital need, January 2026: how much has an identified funding path, and what the money is for.
$38B with an identified path (49%)
$40B with none (51%)
Source: NYCHA, 2026 PNA development results and PNA FAQ.
Note: Covers 209 developments and 146,110 apartments NYCHA manages directly. NYCHA says about $38 billion can be addressed through ongoing and planned capital projects, PACT conversions and the Public Housing Preservation Trust; the remainder is the total need minus that amount.
NYCHA plans to convert another 47,000 apartments through PACT and up to 25,000 through the Preservation Trust. Apartment interiors alone account for $28.8 billion of the need.