NYC housing agency agrees to lead cleanup under federal supervision

The agency overseeing public housing in New York City has reached a deal to settle claims by federal authorities that it failed for years to remedy toxic lead paint and other hazards, according to a filing in Manhattan federal court on Monday. Under terms of the settlement with Manhattan U.S. Attorney Richard Berman, the New York City Housing Authority has agreed that a monitor, proposed by the federal government, will be appointed by a federal judge to oversee cleanup efforts. The city will commit $1 billion in capital funding over the next four years, and $200 million for each year after that until a judge finds that NYCHA has fulfilled its obligations and the agreement is no longer needed.