Q&A
Discussion on future legislative acts and funding to address rent arrears
0:41:21
·
83 sec
Council Member Darlene Mealy inquires about future legislative acts and funding to address the rent arrears crisis. NYCHA's Chief Financial Officer, Annika Lescott-Martinez, provides information on current and upcoming programs.
- NYCHA is working on implementing a $35 million COVID rental arrears program with the state
- A federal HOME-ARP program of $150 million is also in progress, working with the city
- The total funding available from these two programs is approximately $184 million, with $1 million allocated for outreach efforts
- Both programs are expected to start this year and continue into the next year
Darlene Mealy
0:41:21
Is there any future legislative acts either from federal, state, or city government to address the rent rears?
0:41:30
Is any other entity?
Annika Lescott-Martinez
0:41:33
So we are working through the COVID rental arrears.
0:41:37
That's occurring.
Darlene Mealy
0:41:38
That's running out though.
Annika Lescott-Martinez
0:41:40
Well, there's 35,000,000 that we're going to be working with the state, and we're hoping to stand up that program this year.
0:41:46
So that was legislated previously and is being implemented.
0:41:51
There's also the home art program, which is the 150,000,000 also legislated previously through the federal government.
Darlene Mealy
0:41:58
Federal?
Annika Lescott-Martinez
0:41:59
Yes, ma'am.
0:42:00
Federal.
0:42:01
And we are work the funds came to the city of New York, and we're working with the city to implement that program, also focused on rent arrears.
0:42:09
So those are the 2 sort of in progress that you should see, you know, starting this year and into next year for the tenants.
Darlene Mealy
0:42:16
Could you estimate about how much is that gonna go to a rent rears?
Annika Lescott-Martinez
0:42:21
Sure.
0:42:22
So all that $1,000,000.
0:42:24
How much?
0:42:24
Everything but $1,000,000.
Darlene Mealy
0:42:27
Everything a high Yes, ma'am.
0:42:28
50,000,000.
Annika Lescott-Martinez
0:42:29
And maximum of So Well, $184,000,000.
0:42:33
With 1,000,000 going to support door knocking campaigns, the actual process of getting the residents to apply.
0:42:40
So that is the maximum that we are eligible for between those two programs.
