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New York City Mayor Bill de Blasio announced a $200 million investment to replace boilers and upgrade heating systems at 20 NYC Housing Authority developments experiencing chronic outages.
The funding will go toward replacing outdated boilers, and modernizing heating system controls and hot water-making technology. These renovations will be finished by 2022, and will benefitting approximately 45,000 residents. Furthermore, these upgrades will help NYCHA save approximately $5 million per year in energy costs.
“Like our investment to replace aging roofs, this commitment to new heating systems cuts right to the heart of the biggest problems NYCHA residents face, and will make a difference thousands of them will feel,” said de Blasio. “The record-setting cold this winter has hit these aging boilers and pipes hard. We’re coming to the table with real resources to attack these problems, and urge our federal and state partners to do the same.”
Starting in fiscal year 2019, the $200 million will be invested over three years to do the following: