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  • NEW YORK CITY HOUSING AUTHORITY

    NEW YORK, NEW YORK

    COMPREHENSIVE

    NNUAL FINANCIAL REPORT

    FOR THE

    YEAR ENDED

    DECEMBER 31, 2003

    COMPREHENSIVE ANNUAL FINANCIAL REPORT

    FOR THE YEARS ENDED

    DECEMBER 31, 2016 AND 2015

  • NEW YORK CITY HOUSING AUTHORITY

    NEW YORK, NEW YORK

    COMPREHENSIVE

    NNUAL FINANCIAL REPORT

    FOR THE

    YEAR ENDED

    DECEMBER 31, 2003

    COMPREHENSIVE

    ANNUAL FINANCIAL REPORT FOR THE

    YEARS ENDED DECEMBER 31, 2016 AND 2015

    Karen Caldwell

    Executive Vice President and Chief Financial Officer

    Jeffrey A. Pagelson Controller

    Daniel Frydberg

    Deputy Director, Accounting & Fiscal Services Department

  • Shola Olatoye Chair & Chief Executive Officer

    Michael Kelly Karen Caldwell General Manager Executive Vice President & Chief Financial Officer

    http://www.nyc.gov/html/nycha/html/about/bio-chair-shola-olatoye.shtml

  • New York City Housing Authority

    New York, New York

    Comprehensive Annual Financial Report

    For the Years Ended December 31, 2016 and 2015

    TABLE OF CONTENTS

    Page No.

    INTRODUCTORY SECTION (UNAUDITED)

    Letter of Transmittal ` 1 Organization Chart 17 List of Principal Officials 21 FINANCIAL SECTION Report of Independent Auditors 27 Managements Discussion and Analysis (Unaudited) 31 Basic Financial Statements Statements of Net Position 41 Statements of Revenues, Expenses and Changes in Net Position 42 Statements of Cash Flows 43 Notes to the Financial Statements 45 Required Supplementary Information (Unaudited) Other Postemployment Benefits Plan Schedule of Funding Progress 111 Schedule of the Authoritys Contributions to the New York City Employees Retirement System (NYCERS) 113 Schedule of the Authoritys Proportionate Share of the Net Pension Liability of NYCERS 115

  • TABLE OF CONTENTS

    (continued)

    Page No.

    STATISTICAL SECTION (UNAUDITED) Financial Trends Comparative Operating and Non-Operating Revenues and Expenses 125 Net Position by Category 127 Capital Assets by Category 129 Revenue Capacity Revenue on a Gross Basis 133 Debt Capacity Long Term Debt 137 Pledged Revenue Coverage 141 Historical Federal Operating Subsidy 145 Historical Federal Capital Fund Awards 147 Demographic and Economic Information Resident Demographics Operating Programs 151 Resident Demographics Housing Choice Voucher Program 153 Demographic and Economic Statistics Ten Year Trend 155 NYCHA Demographic and Economic Statistics Ten Year Trend 157 City of New York Persons Receiving Public Assistance Ten Year Trend 159 Nonagricultural Wage and Salary Employment Ten Year Trend 161 Employment Status of the Resident Population Ten Year Trend 163 Operating Information Public Housing Assessment System (PHAS) Interim Rule 167 Summary of Public Housing Developments 169 Lease Commitments 171 Employee Head Counts 173

  • Coney Island Groundbreaking, Borough of Brooklyn

    August 3, 2016

  • New Roof at Queensbridge Houses, Borough of Queens

    December 1, 2016

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  • 5

  • 6

  • 7

  • 8

  • 9

  • 10

  • 11

  • 12

  • 13

  • 14

  • Oceanbay Sandy Recovery Groundbreaking

    June 24, 2016

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