Case Application

Case for New York City

An illustrative case for how PSDM could support affordable housing delivery, public housing renewal, and lifecycle accountability in a complex, high-cost urban environment.

Context

Housing delivery pressures

Persistent affordability gap across boroughs
Aging public housing stock requiring renewal
Complex multi-agency delivery environment
High construction and operating costs
Pressure on fiscal capacity and capital budgets
Strong demand for accountability and tenant protection
Strategic Fit

Why PSDM is relevant

Preserve public ownership

Retain ownership of public housing assets while engaging delivery capacity.

Accelerate delivery

Programmatic procurement to expand capacity beyond project-by-project tendering.

Smooth fiscal profile

Milestone- and performance-linked payments to support capital planning.

Strengthen accountability

Embedded standards, monitoring, and corrective mechanisms across the lifecycle.

Illustrative Pathway

A potential adoption sequence for NYC

  1. 01Establish a public sponsor and policy mandate for PSDM-based delivery
  2. 02Define affordability, quality, and tenant protection standards
  3. 03Identify a pilot portfolio across renewal and new-build opportunities
  4. 04Engage mission-aligned delivery and finance partners
  5. 05Operate under milestone- and performance-linked agreements
  6. 06Evaluate, refine, and scale into a programmatic pipeline

This case is illustrative. Any application of PSDM in New York City would require formal adoption and adaptation by the relevant public authorities.