citymeetings.nyc

Your guide to NYC's public proceedings.

QUESTION

Has the OMB allocated necessary funding to the DCP and HPD for the fair housing plan, and how will it use 5-year production targets?

3:25:21

·

95 sec

Video Player is loading.

Current TimeÂ 0:00

DurationÂ 0:00

Loaded: 0%

Stream TypeÂ LIVE

Remaining TimeÂ 0:00

Â

The OMB has not yet provided detailed plans or funding specifics for the DCP and HPD to implement the fair housing plan as required by Local Law 167 of 2023.

The fair housing plan mandates the creation of a housing assessment and plan every 5 years.
Council Member Kevin C. Riley inquires whether the OMB has allocated necessary resources to DCP and HPD for the plan's execution.
OMB's Budget Director, Jacques Jiha, indicates their current housing team is working on the planning but needs to provide more details on plans and funding.
Jiha acknowledges the need to revert with detailed guidelines and plans to meet the five-year production targets.

Kevin C. Riley

3:25:21

So local law 167 of 2023, The speakers for your housing plan requires a city to create a fair housing assessment and plan every 5 years.

3:25:32

By 2026, the city must produce 5 year production targets distributed to community district level as strategic equity framework that we report on the progress made toward the housing production targets and other preservation and anti displacement goals.

3:25:48

So with that being stated, has OMB added the necessary funding to DCP and HVD to implement the free housing plan?

3:25:56

And how my OMB used a 5 year production target to guide capital planning and budgeting.

3:26:03

We

Jacques Jiha

3:26:09

It's it's it's it's a, you know, we can't do walking right now.

3:26:13

Days on existing housing team and an HPG that is currently working on this planning for this.

3:26:28

But, again, we would have to provide you In terms of the guidelines, the federal guidelines, we would have to come back to you and tell you exactly what DCP, HPG, what are their needs or what are the plans in terms of going forward to address the 5G different targets that you're talking about here.

Kevin C. Riley

3:26:53

Okay.

3:26:53

So you could get back to us.

Jacques Jiha

3:26:54

We're going to have to get back Thank you

Kevin C. Riley

3:26:56

so much, director.

← Previous Chapter

Can changing the timeline increase capital budget flexibility for other projects?

Next Chapter →

How much funding is currently set aside for the borough-based jail project?