NEW YORK CITY-With the window for public comment on the Lower Manhattan Development Corp.’s Draft Assistance Plan for Individuals set to close in two days, a local watchdog group tracking the city/state partnership’s efforts has published a highly critical analysis of the document.

A newly released report by activist group Good Jobs New York says that LMDC’s $230-million assistance plan is fundamentally flawed. Before distributing massive US Department of Housing and Urban Development funds to Downtown residents, LMDC should spend the time and money required to ensure that the environment is safe, the report says.

“Nobody is sure what the air quality and environment is like down there but the city and state government are willing to pay people to live there,” says GJNY director Bettina Damiani. “Their priority should be to ensure that the quality of the air and the environment is healthy. Until everyone knows what’s going on and the correct testing and cleanup is completed, the assistance plan could be siphoning funds that could be used to do that.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.