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Discussion on Open Doors and Neighborhood Pillars programs funding

1:31:30

·

3 min

Council Member Restler inquires about funding for Open Doors and Neighborhood Pillars programs, referencing a recently announced initiative. He seeks clarification on current funding and explores the possibility of increased investment in these programs.

  • Confirms $407 million funding for Open Doors over a 10-year plan
  • Discusses potential $2 billion investment over 4 fiscal years for Open Doors and Neighborhood Pillars
  • Commissioner Carrión expresses encouragement for increased resources but emphasizes the priority of affordable rental housing
Lincoln Restler
1:31:30
Tier, do you mind if I do just one more brief?
1:31:32
Thank you.
1:31:33
I'm just following up on council member Hudson's questions.
1:31:36
Around open doors and neighborhood pillars.
1:31:38
As you probably saw, the progressive caucus, controller, lander, public advocate Williams, others, non progressive caucus members, it was a a real party, just announced, you know, our homes, our future or I don't know.
1:31:53
Priorina, what are we calling it here?
1:31:54
Sanchez.
1:31:55
I don't know.
Pierina Ana Sanchez
1:31:56
Homes now, homes for generations.
Lincoln Restler
1:31:58
Thank you.
1:31:58
This was her idea.
1:31:59
It's very good.
1:32:00
I like it.
1:32:01
The really focusing on restoring and expanding open doors and neighborhood pillars.
1:32:09
So just to clarify for open doors, it's $407,000,000 that you funded over the next 5 fiscal years for FY 'twenty 4, FY 'twenty 8, yes or no?
Gardea Caphart
1:32:17
No.
1:32:17
So that they so I can't remember the the figure of 474,000,000 over the 10 year plan.
Lincoln Restler
1:32:21
Over the 10 year plan.
1:32:22
Yeah.
1:32:23
And if the caucus if the council was successful in securing $2,000,000,000 in funding over the next 4 fiscal years for open doors and neighborhood pillars.
1:32:36
A, would HPDB appreciative and and supportive of this infusion of resources?
1:32:42
And b, could you execute on that kind of major investment in the work of your agency to build more new affordable homeownership opportunities through open doors and through neighborhood pillars actually get bad landlords out of operation in New York City and bringing high quality nonprofits to take over the housing stock?
Adolfo Carrión Jr.
1:33:03
So, you know, I I was walking over to the steps earlier today for a different reason and doing an interview about our arrest warrant for this slum lord.
Lincoln Restler
1:33:17
Congrats again on that.
Adolfo Carrión Jr.
1:33:18
Yeah.
1:33:18
Thank you.
1:33:19
And and I saw this crowd on the steps.
1:33:23
I I heard about what they were proposing.
1:33:27
I heard that it was being organized over the last end of last week into the weekend, and I frankly, I was very encouraged by the fact that so many groups and interested parties wanna talk about bigger and invest in affordable housing and homeownership.
1:33:43
I think that that's the right direction to be giving more resources to to those efforts.
1:33:52
So we welcome we welcome the the conversation.
1:33:57
I have to say, as a guardian of the responsibility of this agency.
1:34:07
The lion's share, the greatest need in New York City, is for affordable rental housing.
1:34:16
Families are just choking.
1:34:17
I mean, we the the number of applicants that we get for our affordable housing units, you know, you've heard it from previous testimony.
1:34:29
It's in the tens of thousands of people that are applying to every deal, every new project.
1:34:35
So given that need, we have targeted most of our work, frankly, to low income New Yorkers.
1:34:45
Better than 90% of the housing that we produce goes to households that are considered low income by the federal standard.
1:34:53
But two thirds are below 50 percent AMI, and about almost 40% are 0 to 30% AMI.
1:35:01
So that's the essence of our work, and then we have do we want to promote homeownership?
1:35:08
Absolutely.
1:35:09
Yes.
1:35:09
Are we committed to to to doing it?
1:35:11
Yes.
1:35:13
But but we have to also be responsible to Yeah.
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