NYCHA’s Hylan Houses in Bushwick is the next housing development to vote on their future this fall. The complex, which houses 410 residents, is considering three funding models that would ensure residents pay no more than 30% of their income on rent. The options include the Public Housing Preservation Trust, the Permanent Affordability Commitment Together (PACT) program, and remaining a Section 9 property.
The Trust program allows properties to be converted to a more lucrative Project-Based Section 8 funding stream, while PACT involves converting properties and allowing an outside management company to take over through a 99-year ground lease. Remaining a Section 9 property means repairs will continue, but funding will be limited.
NYCHA has been engaging with residents through meetings and informational events to provide them with the necessary information to make an informed decision. The housing authority is committed to rehabilitating public housing properties across the city and ensuring that residents have a say in the future of their homes.
The Hylan Houses have urgent repair needs amounting to $90 million over the next 20 years. These include renovated kitchens, bathrooms, floors, paint jobs, and ceilings. NYCHA receives approximately $700 million annually from Congress for repairs, but the funding falls short of the estimated $78.3 billion needed for capital improvements over the next 20 years.
The voting period is set to begin on Nov. 13 and will run for 30 days until Dec. 12. Residents are encouraged to attend informational meetings to learn more about the options and make an informed decision about the future of their homes. The community engagement process is crucial to ensuring that residents have a voice in the decision-making process and that their concerns are addressed.
In conclusion, the upcoming vote at Hylan Houses represents an opportunity for residents to shape the future of their homes and ensure that necessary repairs are made to improve living conditions. By participating in the voting process, residents can have a significant impact on the outcome and help determine the best path forward for their community.