Today, Bronx Borough President Ruben Diaz Jr. announced that his office has provided more than $9 million in capital funding to worthy Bronx organizations as part of his FY2015 capital budget allocations.
“This critical funding helps keep our cultural institutions vibrant, our schools strong, our parks clean and our neighborhoods safe. Funding like this is critical to our ‘New Bronx’ agenda, and I am proud to have funded so many important projects in every corner of our borough,” said Bronx Borough President Ruben Diaz Jr.
For FY2015 Borough President Diaz has provided $9,135,000 to 25 projects. Since taking office in 2009. Borough President Diaz has provided more than $126 million in capital funding to 362 total projects.
This year, Borough President Diaz’s largest allocations went to housing, $2.75 million, representing 30 percent of his total capital budget. These funds will support the creation of over 600 new units of housing across five projects, keeping in line with Borough President Diaz’s commitment to keep the borough’s housing stock diverse and affordable.
Borough President Diaz also provided $2 million to parks projects, the second highest percentage of his total capital funding for the year at 22 percent. This will include the renovation of the pool at Edenwald Playground and the construction of a new comfort station at Fort Four Playground, among other projects.
In addition to these projects, Borough President Diaz has also put funding into two New York City Housing Authority developments, including $440,000 to install new security cameras at the Forest Houses.
“Just last week, I stood with Mayor de Blasio as he announced his proposal to make our city’s NYCHA developments safer. I have funded cameras and security upgrades in the past, and will continue to do so as we work to make our public housing developments safer for their residents,” said Borough President Diaz.
Other capital projects funded by Borough President Diaz this year include renovations at both the DeWitt Clinton High School and Adlai Stevenson High School campuses, new lighting and a new shuttle van for Wave Hill and exterior renovations at Bronxworks headquarters on the Grand Concourse.
The complete list of Borough President Diaz’s capital budget allocations for FY2015 can be viewed at http://on.nyc.gov/1p04xPb.