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HPD plans new preservation programs and outreach to AEP building owners
2:03:45
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38 sec
Deputy Commissioner AnnMarie Santiago discusses HPD's plans for new preservation programs and outreach efforts targeting Alternative Enforcement Program (AEP) building owners. These initiatives aim to help improve building conditions and financial stability.
- New preservation dollars and programs are becoming available
- HPD plans to reach out to AEP owners about new financing opportunities
- The J51 program was recently announced as part of these efforts
- The goal is to help smaller buildings achieve financial health and stability
- These programs aim to benefit both owners and tenants
AnnMarie Santiago
2:03:45
And I do just wanna add also, going back to something that we started with at this hearing, right.
2:03:51
New preservation dollars are available, new preservation programs are coming.
2:03:54
One of the main things that we hope to do in the next few months, which J51 just announced, is really reach out to a lot of these AEP owners to see if they could benefit from the opportunities to get the financing to bring their buildings back.
2:04:09
Right?
2:04:09
The goal is to really a a lot of these buildings are smaller buildings too, to try and get these buildings back to financial health and stability.
2:04:16
That's where where we all want both the owners and the tenants.
2:04:19
Yeah.
2:04:20
So we look forward to to bringing that to the program.
Rita C. Joseph
2:04:23
On on that on that note, what support do you have for small landlord, small business, small small landlord owners?