Imposes governance and reporting requirements on NYCHA; requires board member training; makes related provisions.

New York City Housing Authority (NYCHA) must establish a training program for its board members, focusing on legal, fiduciary, financial, and ethical responsibilities. NYCHA must also adopt guidelines for property disposal, ensuring fair market value and public hearings. The authority must maintain a project tracking system, detailing maintenance and repair projects. NYCHA must file annual financial disclosure statements and report on lobbying contacts. The authority must also establish an office of inspector general to investigate allegations of corruption and misconduct.

Imposes governance and reporting requirements on NYCHA; requires board member training; makes related provisions.

New York City Housing Authority (NYCHA) must establish a training program for its board members, focusing on legal, fiduciary, financial, and ethical responsibilities. NYCHA must also adopt guidelines for property disposal, ensuring fair market value and public hearings. The authority must maintain a project tracking system, detailing maintenance and repair projects. NYCHA must file annual financial disclosure statements and report on lobbying contacts. The authority must also establish an office of inspector general to investigate allegations of corruption and misconduct.