The cash-strapped authority needs to collect rent. But there are concerns about lagging repairs, vulnerable tenants and a new program that’s spurred a spike in evictions.
The Hope Gardens renovations will be the sixth transaction under NYCHA’s Permanent Affordability Commitment Together public and private partnership program.
The federal settlement is in place. A plan to convert thousands of units to Section 8 is in the works. And for now a long-term budget gap remains unaddressed.
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