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Discussion on resident opposition to RAD/PACT conversions and ability to opt out
2:28:18
ยท
86 sec
Council Member Darlene Mealy questions NYCHA representatives about scenarios where residents or developments oppose RAD/PACT conversions or reject specific developers. The discussion reveals the complexities of the conversion process and resident rights.
- Council Member Mealy asks if any developments have stated they do not want to be in RAD/PACT
- NYCHA representatives explain that if residents change their minds before conversion, the process can be halted
- The discussion highlights the difference between pre-conversion opposition and post-conversion issues
- The exchange underscores the importance of resident consent and the potential for developments to remain in Section 9 if they oppose conversion
Darlene Mealy
2:28:18
So have any development stated they did not wanna be in Rad Impact and the development company that is doing their project, they do not want them?
2:28:31
Have anyone said that as of yet?
Jonathan Gouveia
2:28:35
I mean, that's a different issue than financial default.
Darlene Mealy
2:28:38
Yeah.
2:28:39
But it goes hand in hand if the that TA president or that development do not want it, and they don't do not want that developer.
2:28:48
So now Okay.
Jonathan Gouveia
2:28:49
Well, alright.
2:28:50
Well, so so changing gears then to
Darlene Mealy
2:28:53
But it could go on default because if we don't hurry up and get a new CBO or a new organization to take over where the TAs fired that contractor, if that's a long process, it could go and dis disappear disrepair and it could go into financial ruin.
2:29:16
True or not?
2:29:17
No.
2:29:18
We don't find someone to take over if we dismiss a development.
Jonathan Gouveia
2:29:22
If we are in a situation where residents you know are second guessing their original thought and maybe they don't want to be impact anymore.
Darlene Mealy
2:29:30
They said no.
Jonathan Gouveia
2:29:31
We have not at that point we have not closed, we have not converted.
2:29:35
Therefore there's no risk of a default because there hasn't been a conversion yet, it's still section nine.
Darlene Mealy
2:29:40
Okay.
2:29:41
Alright.
2:29:42
It makes sense.
2:29:43
Thank you.