Council Approves Bill Requiring NYCHA PACT Program Transparency Report

On May 16, 2024, the City Council passed Int. 110-A, which requires the creation of a report about the Permanent Affordability Commitment Together Program (PACT). The PACT program allows the New York City Housing Authority to change its traditional Section 9 public housing funding to project-based Section 8 funding. The change allows NYCHA to access debt to finance renovation and repairs projects and requires NYCHA to transfer the daily management of buildings to private management <Read More>




Comptroller M/WBE Report Shows City Needs to Make More Progress in Distributing Contracts

On February 14, 2024, New York City Comptroller Brad Lander released the Annual Report on M/WBE Procurement which found that the City fell short of ensuring equitable distribution of contracts with Minority and Women-Owned Business Enterprises (M/WBEs). The report takes into consideration a review of contract registration data from the City and analyzes M/WBE contracts based on procurement method, dollar value, and industry. The report examines city agencies’ use of the M/WBE Noncompetitive Small Purchase … <Read More>


DOB Announces Penalties for Over 400 Property Owners for Late Parking Structure Report Submissions

On January 18, 2024, the Department of Buildings announced that over 400 property owners had received initial penalties for failing to submit required engineering inspection reports for parking structures located on their properties. Through the Periodic Inspection for Parking Structure (PIPS) program, 1,056 properties in Lower Manhattan, Midtown, and the Upper West Side were required to submit inspection reports to the Department of Buildings before January 1, 2024.