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AGENCY TESTIMONY

Importance of transparency for residents facing conversion decisions

3:40:23

ยท

42 sec

As NYCHA developments face growing capital needs, residents are confronted with difficult choices about the future of their homes. Transparency in this process is crucial.

  • Many residents will need to decide between staying in Section 9, joining the Preservation Trust, or converting to PACT
  • It is essential that residents have complete information about their rights as tenants
  • Residents need to understand potential outcomes of different choices
  • Transparency is key for residents to make informed decisions about these consequential housing changes
Maura Hayes-Chaffe
3:40:23
As some developments already have, many residents will be deciding whether they want to stay in section nine, join the preservation trust, or convert to pact in the coming years.
3:40:34
It is key that residents have all of the information available about their rights as a tenant and potential outcomes as they make these consequential decisions.
3:40:46
The comptroller's office will continue to prioritize responding to suggestions of residents on the issues they see in public housing.
3:40:54
Whether about conversions or repairs, NYCHA must strengthen its oversight capacity to provide transparency for the over 500,000 NYCHA residents in New York City.
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