City: Stimulus Means Up to $544 M. for Capital Projects

With the federal stimulus package signed, the Bloomberg administration has done some tallying. The total to be infused for city-run capital infrastructure projects, according to a City Hall memo issued today: $544 million.

Per the memo, that money comes from two separate pots—$311 million for water and sewer projects, which the city must apply for through the state, and $233 million for transportation projects.

Also coming to the city courtesy of the stimulus, though not included in that $544 million number, is an estimated $390 million for repairs and renovations for public housing at the New York City Housing Authority, $142 million for other housing programs, and $140 million for energy efficiency.  read more »

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