NYC-WTC_000195490

NYC 9/11 Public Portal Document r

The table below shows capital commitments by Ten Year Plan category over the 2001-2005 period, including actual commitments for 2000.

Capital Commitments ' (SOOO’s)

2000 2001 2002 2003 2004 2005 Actual Plan Plan Plan Plan Plan civ Aji City All civ All ' "ciiyi XiT" civ AH civ AU” Funds Funds Funds Funds Funds Funds Funds Funds Funds Funds Funds Funds Occupied In-Rem Rehab/ i Privatization i......... 7... $83,427$154,383 $90,948$167.814$181,807 $263,522$100,524$179,354 $122,039 $188.276$127,998 $211,998 Vacant In-Rem Rehab.; ... 1,161 852 13,469 13,779 15,740 15,740 12,100 12,100 9,000 9,000 4,500 4,500 New Construction.... /.... 22,161 22,161 36,357 36,357 20,027 38,827 53,920 68,920 20,600 50,600 20,000 50,000 / Neighborhood / I Initiatives......... . 8,662 8,662 30,407 30,407 13,838 13,838 50,585 50,585 9,292 9,292 48,157 48,157 Assistance to Private Owners ............... 46,821 154,383 111,576 161,759 120,899 .187,642 126,035 155,187 132.852 160,235 175,460 175,460 Other Housing Support Investment___ ........, 19,635 ' 19,635 55,483 56,124 21,984 21,984 18,981 18,981 16,358 16,358 27,889 27,889 Total....... ............ . ......$181,867,$294^$338,240$466,24Q $374,295 $552,753 $362,145 $485,127 $3joj^ $433^ $4mJ^ $51^004

The $2.0 billion Four Year Plan emphasizes the following goals:

• Treatment and disposition of occupied, City-owned buildings — rehabilitation begins for approximately 3,800 units in 2002 through the privatization initiatives ($264 million); 9,100 units will be rehabilitated H-' in the 2002-2005 period ($843 million).

• Reconstruction of vacant buildings — treatment in the 2002-2005 period of 1,300 City-owned vacant units under the Vacant Buildings, HomeWorks and StoreWorks programs ($53 million).

• Assistance to private owners — the Housing Preservation initiative, PLP, 8A, 7A, SHP, HIP and SCRAP progfams will allow the rehabilitation of 22,000 units in the private sector in the 2002-2005 period ($531 million). f l

( • Construction of new units — funding for the production of over 9,800 homeownership and rental units in I', the 2002-2005 period ($323 million) under the new construction homeownership programs, including the 1 large $c^e neighborhood projects./

• Production of supportive housing — funding for the creation of over 1,200 units for homeless and low- income single adults and persoiis with AIDS in the 2002-2005 period ($130 million).

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NYC-WTC_000195702 J