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Bronx Progressive Sees Pragmatism in Controversial NYCHA Moves

7 Comments

  • Diane Foster
    Posted November 19, 2015 at 2:26 pm

    So how is ANY OF THIS different from Bloomberg’s NYCHA proposals? It seems that Torres is taking what were good ideas 3-4 years ago and now embracing them. And this valentine of an article has little mention of NYCHA residents’ real concerns. For instance, Section 8 should be explored as to why so many public housing residents hate it. When their income goes up (by marriage, or returning relatives with jobs), they’re no longer eligible for Section 8. However, in NYCHA public housing, they can continue to pay the low rents and still earn six-figures, or more, and never have to move.

    • scream
      Posted November 20, 2015 at 10:25 am

      Diane, what percentage of NYCHA residents earn six figure incomes?

      • Diane Foster
        Posted May 16, 2016 at 2:45 pm

        About 1,600 families–a very small percentage. AND, that might typically be a two or three-employee household, OR two people who get significant overtime.

  • Barbara385
    Posted November 19, 2015 at 6:27 pm

    Not too long ago, Crain’s Business did a rave review of Torres. REBNY loves this guy because he has come under their tutelage. Sure, now all all we have to do is follow the $. Further, having lived a long, long time in this City, I am very aware that REBY has coveted the land that NYCHA sits upon in various places. So far, they were held at bay, but now people are getting scared instead of standing up and fighting to get the funding there should be for NYCHA. Governor Cuomo has simply refused to do the right thing. Where does all the monies (now tallying in the Billions) that Schnieiderman wins in his financial wins in lawsuits against wrongdoers.? Don’t let Richie Torres wipe out public housing by allowing the wolf REBY into the house!!.

  • JaneNYC
    Posted November 20, 2015 at 11:56 am

    “But as long as the residents are only paying 30 percent of their gross adjusted income, why would you care how it’s financed?” Tossing in a fraction of “affordable” apartments within luxury developments is nothing more than a cynical tip.An insult to the working families of this City.

    We do care,Mr. Torres, we do. Just as we care that your are funded by a private industry that is poised to make billions of dollars profit from public land. You are making very poor choices, and this is a woeful beginning to your career in public service.

    • Ritchie Torres
      Posted November 21, 2015 at 11:40 am

      JaneNYC: You’re confusing separate affordable housing programs. I am not referring at all, as you seem to think, to 80/20 or 70/30, where a developer creates a set percentage of “affordable” units within luxury developments. I am referring instead to the true affordability of Section 8 (project-based) and Section 9 (public housing): these programs create 100 percent affordability and ensure that tenants pay no more than 30 percent of their income toward rent. Whether your development is financed by Section 8 or Section 9 is irrelevant–when it comes to the rent you pay–because both programs guarantee the same level of affordability (again: no more than 30 percent of your gross adjusted income). The advantage of converting from Section 9 to Section 8 is that doing so would allow public housing to benefit from the Low-Income Housing Tax Credit (LIHTC), which is the nation’s main funding source for preserving affordable housing.

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