Your guide to NYC's public proceedings.
REMARKS
Council Member Gennaro advocates for fair financing of lead service line replacements
1:17:33
ยท
68 sec
Council Member James F. Gennaro speaks about Resolution 8, which addresses fair financing for lead service line replacements. He criticizes the New York State Environmental Facilities Corporation's funding allocation formula, which he claims unfairly disadvantages New York City in distributing federal infrastructure funds.
- Gennaro highlights that NYC only received $6 million out of hundreds of millions allocated for lead service line replacements.
- He urges the Environmental Facilities Corporation to adopt fairer guidelines for fund distribution.
- The council member emphasizes that the federal government allocated this money, and New York City should receive its fair share.
James F. Gennaro
1:17:33
I'm I'm speaking about resolution eight, the fair financing for lead service line replacements.
1:17:39
Everyone knows that there's a federal bipartisan infrastructure law that, provided monies for this and other good purposes.
1:17:49
The New York State Environmental Facilities Corporation uses formulas that freeze out New York City and we get pennies, of what the rest of the, people in the state get.
1:18:05
This would what's the this would change that.
1:18:11
So we're urging the Environmental Facilities Corporation to adopt much more fair guidelines of the hundreds of millions of dollars that were allocated for this.
1:18:27
New York City only got $6,000,000.
1:18:30
I could go on and on, but we're cheated by the environmental facilities corporation and enough is enough.
1:18:37
The federal government allocated this money.
1:18:39
We should get it.
1:18:40
Thank you very much.