More aid expected from HUD

FOR THE first time in years, NYCHA and other city affordable housing programs are set to get a big boost in funds from the feds.

The city on Wednesday released its estimates of how the omnibus budget approved last week by Congress and signed by President Trump will affect housing here.

For decades, the New York City Housing Authority has experienced cuts in funding from the U.S. Housing and Urban Development Department.

This year, the Trump administration proposed more of the same, with NYCHA bracing for a huge 66% cut to big-ticket capital projects and an 11% trim to day-to-day operations funds.

But Congress rejected that approach and appropriated millions more for housing programs nationwide. Trump complained but signed the measure last Friday.

The final budget must still be approved but preliminary numbers are good news for NYCHA.

The city estimates NYCHA will get $160 million more for capital projects, a 46% spike to $506 million. The budget also adds $30 million more for operations for a total of $919 million, a modest 3% bump.