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Council Member Chris Banks opens Public Housing Committee meeting and addresses rent arrears issue

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148 sec

Council Member Chris Banks opens the Public Housing Committee meeting, addressing the critical issue of rent arrears in NYCHA housing following the COVID-19 pandemic. He highlights the challenges faced by NYCHA tenants and expresses the need for a plan to return to pre-pandemic rent collection levels while ensuring stable housing for residents.

  • Banks notes that NYCHA residents are dealing with over $400 million in rent arrears.
  • He mentions that NYCHA tenants were initially excluded from the state emergency rental assistance program but were later included after advocacy efforts.
  • The council member emphasizes the need for NYCHA to be fiscally stable to provide safe and stable housing for residents.