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NYCHA's focus on providing capital investments through RAD/PACT

2:10:07

ยท

58 sec

NYCHA CEO Lisa Bova-Hiatt emphasizes the authority's focus on providing necessary capital investments through the RAD/PACT program. Chair Chris Banks argues for resident input in the process.

  • NYCHA asserts their primary goal is to provide capital investments to improve living conditions
  • Chair Banks insists that capital investments should not be contingent on RAD/PACT conversion
  • The exchange highlights the tension between NYCHA's perceived need for the program and residents' desire for decision-making power
  • Both sides agree on the importance of resident engagement, but disagree on the form it should take
Lisa Bova-Hiatt
2:10:07
I can tell you what we are hell bent on is providing capital investments
Chris Banks
2:10:13
Well, it should be provided regardless.
2:10:15
I mean, we can't we can't play this game of holding up repairs or capital needed capital investments.
2:10:24
We can't hold that over the resident's head, especially when it comes to them being a part of that process and and and the constant because I've heard that many a times.
2:10:35
I heard it even in the last hearing to lay out the capital needs and and so forth and so forth.
2:10:41
But at the end of the day, the residents, regardless of whatever condition the development is in, the tenants need to have a say on if they wanna be converted.
Brian Honan
2:10:52
So council member
Chris Banks
2:10:53
Would you agree?
2:10:54
Or would you?
2:10:55
You
Brian Honan
2:10:55
I'll let I'll let the CEO
Chris Banks
2:10:57
Well, let's
Brian Honan
2:10:57
see then I'll I'll let you
Chris Banks
2:10:59
But I think you gave your you opined on that at the last hearing.
2:11:02
I would like to hear the CEO.
2:11:05
Thank you.
Lisa Bova-Hiatt
2:11:05
I think resident engagement is important.
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