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Committee advances 30-year subsidy for 12 households displaced by Central Subway
Summary
The Government Audit & Oversight Committee recommended a MOHCD grant agreement enabling 12 households displaced by MTA construction to receive up to 30 years of rental subsidy at Broadway Sansom Apartments; staff estimated a 30-year subsidy total of $1,192,320 and the item was sent to the full Board with recommendation.
The Government Audit & Oversight Committee on Oct. 20 recommended that the Mayor’s Office of Housing and Community Development be authorized to execute a grant agreement with Broadway Sansom Associates LP to provide long-term rental subsidies for 12 households displaced by earlier Municipal Transportation Agency…
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