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Councilman Banks addresses transparency concerns in the PACT program
0:03:34
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Councilman Banks expresses major concerns about the lack of transparency in NYCHA's Permanent Affordability Commitment Together (PACT) program. He highlights that NYCHA has not provided clear answers about how developments are selected for conversions and the impacts on residents' rights and services.
- NYCHA claims PACT residents have the same rights as Section 9 residents, but evidence suggests otherwise
- Reports indicate higher eviction rates and limited services for PACT residents
- There's a lack of clarity on how oversight is maintained after private entities take over
- Banks emphasizes the need for transparency to ensure residents can make informed decisions about conversions
Chris Banks
0:03:34
Another major concern is transparency around the permanent affordability commitment together program or PAC.
0:03:41
Under the PAC, NYCHA converts conventional section nine housing to private management under the federal rental assistance demonstration model.
0:03:54
Despite prior hearings by the committee seeking transparency around PAC, NYCHA has not offered clear answers as to how developments are selected for conversions and what impacts conversions will have on the services and rights available to the residents, and how oversight is maintained once private entities take over.
0:04:19
NYCHA has repeatedly affirmed that residents under PAC have the same rights as residents under section nine, housing.
0:04:28
Yet, we've heard that PAC residents are evicted at higher rates, have limited ability to transfer to new apartments, and are not given access to the same services that they were guaranteed under NYCHA, under section nine.
0:04:43
Risks that are not informed of before the conversion.
0:04:50
As developments continue to be selected for potential conversions to PAC or considered PAC.
0:04:57
When in the voting when in the voting process for the Public Housing Preservation Trust, NYCHA has the opportunity to provide greater transparency about these alternatives to ensure that residents can make informed decision and are not pushed into making a choice that will harm them down the line.