REMARKS
Council Member Sanchez introduces Housing Rescue and Resident Protection Act
0:56:46
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90 sec
Council Member Pierina Ana Sanchez introduces the Housing Rescue and Resident Protection Act, a bill aimed at addressing the issue of distressed buildings in New York City while rectifying past harms caused by previous programs. The act seeks to protect homeownership while targeting the worst buildings for rescue.
- The bill (Intro 1063) will be heard on Monday at 1 PM
- It incorporates feedback from over 50 organizations and individuals
- The act aims to improve upon the previous 3rd party transfer program, which had negative impacts on communities of color
Pierina Ana Sanchez
0:56:46
Thank you, majority leader.
0:56:47
Across the city, hundreds of thousands of New Yorkers live in distressed buildings.
0:56:51
10,000 buildings with a 115,000 units with owners that owe tens of 1,000,000 of dollars to the city.
0:56:58
We're talking about children's children families, elderly persons living with mold, the vermin lead, collapse ceilings, and the threat thereof, and mourn.
0:57:07
The the program that the city had to deal with this kind of condition, the 3rd party transfer program was disastrous in its previous administration, scarring to communities of color in its final round administered in 2019, the round 10.
0:57:23
So today, I'm proud to be introducing the Housing Rescue And Resident Protection Act, which conserves the power of the city to feasibly foreclose on buildings taking buildings away from the worst actors, but rectifying the harms of the past.
0:57:39
This act, the Housing Rescue And Resident Protection Act, tries to protect homeownership while targeting the rescue of the worst buildings.
0:57:48
I hope my colleagues will join me in taking a look at intro 1063, which will be heard on Monday at 1 PM.
0:57:55
We don't think we got everything right, but we didn't incorporate feedback from over 50 organizations and individuals who have participated in reform efforts over the past 5 years have testified, and it's a great body of work.
0:58:07
Shout out to Ben Ratner, to Taylor Zeloney, and everyone else who worked on the seventy page bill and, of course, to our co primes.
0:58:14
Thank you, majority leader.
