Authorizes the New York city council to oversee the activities of the New York city housing authority

This bill gives the New York City Council new authority to oversee the New York City Housing Authority (NYCHA). It requires NYCHA to produce regular reports on its operations - including Section 8 housing programs - to the Council upon request, specifying details like report content, deadlines, and distribution. The Council must pass a local law to define these reporting requirements, and copies must also go to the city's housing commissioner. Additionally, the bill amends the city charter to mandate annual Council hearings reviewing NYCHA's service goals, performance, and management efficiency.