Investment Priorities
The City will advance the following five capital investment priorities that are aligned to the City’s programmatic and policy priorities. These priorities cut across the City’s capital agencies and help inform agency planning and project completion, as well as frame long-term capital investment allocation discussions.
Investment Priority 1:
Maintain and modernize our infrastructure and facilities
We will make substantial investments to bring our infrastructure and buildings to a state of good repair, promote energy efficiency, incorporate modern design standards, and modernize our existing City assets. We can more easily sustain and improve quality of life in all neighborhoods when our physical infrastructure isdurable, efficient, and designed to meet future needs.
Investment Priority 2:
Strengthen public health and safety
The City will support the health of New Yorkers by strengthening our health and hospitals system, improving the quality of and access to outdoor public space, investing in heat mitigation and cooling infrastructure, and continuing to improve our multimodal transportation network.
Investment Priority 3:
Catalyze economic recovery and broaden access to education
We will use the City’s capital investments to bolster economic recovery and meet the evolving needs of workers and employers in all boroughs. To support our students and their families, the City will direct investment toward schools, technology, and early childhood education facilities.
Investment Priority 4:
Support growth and preserve affordability in our diverse neighborhoods
We will continue to invest in housing for low- and moderate-income New Yorkers. The City will also continue to invest in the infrastructure necessary to support growing neighborhoods, such as parks, community facilities, schools, sewers, and streets, to underpin their attractiveness as places to live and work.
Investment Priority 5:
Reinforce citywide climate resiliency
We will continue to invest in resilient infrastructure, facilities, and natural areas throughout the city. Improvements and new infrastructure projects will be viewed through the lens of how they mitigate flood risk for essential assets, improve coastal protection, and address heat vulnerability, in order to protect our current and future residents from the effects of climate change.