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Q&A
Discussion on potential competition between NYCHA funding models
3:18:39
·
57 sec
Council Member Chris Banks inquires about potential competition for resources between different NYCHA funding models, including RAD/PACT and the trust. NYCHA CEO Lisa Bova-Hiatt responds by explaining that these models are not in competition but share a common goal.
- Bova-Hiatt emphasizes that PACT and the trust have a shared objective of improving residents' living conditions
- The focus is on moving residents into updated, modern apartments free from environmental contaminants
- NYCHA views the trust as complementary to existing efforts, not as competition
Chris Banks
3:18:39
Does NYCHA have any initiatives?
3:18:42
Well, let me switch this one then.
3:18:44
How will you make sure that that the different funding models that NYCHA manage RAD slash RAD PAC and the trust are not competing against each other for resources?
Lisa Bova-Hiatt
3:18:59
So because they both have a common goal, there's no competition between the trust and PACT.
3:19:07
The goal is to move our residents into apartments that are clear from environmental contaminants, that are updated, that are modern.
3:19:19
So we've never seen the trust impact as competing, but only helping NYCHA and its residents move to more sustainable, more modern public housing, affordable housing.