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AGENCY TESTIMONY
Introduction and overview of NYCHA's current situation
0:03:51
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93 sec
Lisa Bova-Hiatt, NYCHA's CEO, introduces the agency's leadership team and provides an overview of NYCHA's current situation. She highlights progress in critical areas like mold and lead abatement, as well as ongoing challenges.
- Emphasis on NYCHA's focus on improving residents' quality of life
- Acknowledgment of significant challenges, including federal disinvestment
- Introduction to key topics that will be discussed in detail later
Lisa Bova-Hiatt
0:03:51
Chair Chris Banks, members of the Committee on Public Housing, and other distinguished members of council, NYCHA residents, community advocates, and members of the public, good morning.
0:04:03
I'm Lisa Bova Hyatt, NYCHA's chief executive officer.
0:04:08
I am pleased to be joined by chief operating officer Eva Trimble, executive vice president of finance and chief financial officer Anika Lescott Martinez, chief asset and capital management officer Sean Movani, and other members of NYCHA leadership team.
0:04:26
Thank you for this opportunity to present the authority's adopted budget which was approved by NYCHA's board of directors in November.
0:04:35
I would also like efforts to transform NYCHA as an organization and improve residents' quality of life.
0:04:44
My colleagues and I are laser focused on the work required to keep NYCHA on the stronger sustainable path that we are currently on so we can better serve the residents now and in the future.
0:04:56
We have overcome significant challenges and continue to make progress in critical areas that most impact residents including mold and lead abatement and comprehensive renovations through innovative housing preservation programs.
0:05:13
At the same time, substantial challenges persist.
0:05:17
On top of the escalating impacts decades of federal disinvestment, our rent arrears remain enormous.