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Q&A
Council member inquires about NYCHA's cohesion initiatives under RAD/PACT program
3:17:23
·
74 sec
Council Member Chris Banks questions NYCHA CEO Lisa Bova-Hiatt about initiatives to maintain cohesion within the authority as it implements different funding models through the RAD/PACT program. Bova-Hiatt explains that NYCHA maintains ownership and oversight of properties, even with different programs like PACT and the Trust.
- NYCHA retains ownership and significant oversight over PACT partners
- Oversight extends to different programs including the Trust, PACT, and comprehensive modernization
- The response emphasizes NYCHA's continued control despite the involvement of private property management agencies
Chris Banks
3:17:23
When it comes to RAD PAC, does NYCHA have any initiatives to maintain the cohesion of the authority even as it splits into two different two or three different funding models across many different private property management agencies?
3:17:52
Yeah.
3:17:53
Does NYCHA have any initiatives to maintain the cohesion of the authority even as it splits into two or three different funding models across many different private property management agencies?
Lisa Bova-Hiatt
3:17:50
Can you repeat that question please?
3:18:10
So NYCHA maintains both ownership of the properties as well as significant oversight over the PACT partners.
3:18:21
So I think our oversight, you know, whether it's the Trust or PACT or NYCHA, we will always maintain oversight over those different programs, comprehensive modernization as well.