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HPD's budget breakdown for fiscal year 2026
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Ahmed Tigani provides a detailed breakdown of HPD's budget for fiscal year 2026, highlighting the various funding sources and allocations.
- Total expense budget: $1.69 billion, with $1.31 billion for operations and programs
- Funding sources: 38% from city resources, 62% from federal government, and less than 1% from state and other sources
- Capital budget: $2.39 billion for FY 2026, excluding $875 million for NYCHA's PAC program
Ahmed Tigani
0:17:49
So to get real results, we need to start with a clear understanding of both our resources and our challenges.
0:17:56
Here are some key figures that reflect our work and our commitment.
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1,690,000,000.00, HPD's total expense budget for fiscal year twenty twenty six.
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One point '3 '1 billion, HPD's operational and programmatic budget with 375,000,000 going to NYCHA.
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Twenty million, the number of funding sources that flow 20, sorry, 20 individual funding sources that flow into HP's budget.
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492,000,000, the amount, that's 38%, that comes from the city's own resources, underscoring our collective investment in affordable housing.
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815,000,000, a significant portion, that's 62%, comes from the federal government.
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7,600,000.0, Under 1% comes from the state and other sources.
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2,390,000,000.00.
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HPD's total capital budget for fiscal year twenty twenty six, excluding the 875,000,000 in pass through funding for NYCHA's PAC program.
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20,730,000,000.00.
0:19:00
HPD's fiscal year 20 20 6 to February capital budget.
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It's not all about what's coming into the agency, it's about what we do with it.