Dec 26 2013
"So many people who don't live in public housing don't realize they are dependent on the well-being of public housing," says Associate Professor Nicholas Bloom, Ph.D. in a New York Times article about policing New York City's public housing developments. "The maintenance of a good housing project brings security, and it's a big factor in the value of property."
Bloom, an expert in urban development and public housing and author of Public Housing That Worked: New York in the Twentieth Century, also commented on Mayor Bill de Blasio's likely plans to eliminate the New York City Housing Authority's $70 million in annual payments to the NYC Police Department for policing in the face of shrinking federal housing subsidies. Bloom says that in the long term, the money saved "can add up to siginficant operating money."