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Council Member Gennaro discusses Resolutions 8 and 144-A on water infrastructure funding
0:03:38
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Council Member Gennaro explains Resolution 8 and Proposed Resolution 144-A, both of which address issues with the New York State Environmental Facilities Corporation (EFC) and its funding allocation for water infrastructure projects in New York City. He highlights the unfair distribution of funds and the need for changes in EFC guidelines.
- The resolutions call for fair allocation of funding for water infrastructure projects in NYC.
- Current EFC guidelines prevent NYC from receiving adequate funding despite having nearly half of the state's population.
- The resolutions aim to accelerate lead service line replacement and other water infrastructure initiatives in the city.
James F. Gennaro
0:03:38
Now I'd like to turn to the resolutions.
0:03:40
The New York State Environmental Facilities Corporation, known as the EFC, is a public benefit corporation that disperses funding allocated by state and federal governments for environmental projects, including water infrastructure projects.
0:03:52
However, due to EFC guidelines, New York City does not receive a fair share of funding.
0:03:59
The EFC prohibits New York City from receiving interest free hardship financing through the Clean Water State Revolving Fund even though hardship financing is designed to benefit New York State's disadvantaged communities, the majority of which are in New York City.
0:04:14
The EFC also prohibits New York City from receiving more than 10% of funds authorized by the New York City by by the New York State Clean Water Infrastructure Act of 2017.
0:04:24
This blatantly this this is blatantly unjust as nearly half of the state lives in New York City.
0:04:29
Resolution eight and proposed intro one one four a both call on the EFC to change its guidelines.
0:04:35
Doing so could allow the city to fund important, water quality water quality infrastructure projects such as the replacement of a lead service line which is the focus of my resolution.
0:04:46
Resolution number eight at a hearing held by this committee last June, DEB testified that although it would cost $2,000,000,000 to replace all lead service lines in New York City, the department only expects to receive $120,000,000 in net state and federal assistance.
0:05:04
If the EFC gave the city its fair share of state and federal funding, the city could accelerate the replacement of lead service lines and implement other high priority water infrastructure water infrastructure initiatives.