At least $350 million of federal stimulus money—and at least $65 million of annual subsidies—will be directed towards 21 New York City housing projects to pay for much-needed renovations. The major allocation of cash will allow workers to fix facades, roofs, heating systems, elevators and other problems in buildings where 20,000 New Yorkers reside, according to DNAinfo. Some tenants feared the stimulus money was a sign the buildings would shift away from low-income housing, but Mayor Bloomberg told the Daily News: "Nothing is going to change, except for the better." According to the Lo-Down, he added: "While other cities are blowing up public housing, we are preserving it."