HUD Region II Regional Administrator Alicka Ampry-Samuel joined a New York Housing Conference panel to discuss PACT, the New York Housing Authority's version of HUD's Rental Assistance Demonstration, or RAD. "Going Public: NYCHA Preservation Trust & PACT Progress" brought together industry professionals interested in learning about NYCHA's plans to preserve public housing through the newly formed New York City Public Housing Preservation Trust and NYCHA's PACT program.
NYCHA participants discussed progress, goals, and challenges to making improvements for its residents. As of the end of 2022, 36,103 apartments across 137 NYCHA developments were renovated, are under construction, or are in the community planning and design process under NYCHA's Permanent Affordability Commitment Together (PACT) program. Once complete, these renovations will improve the quality of life for more than 76,000 NYCHA residents and address $7.2 billion in capital needs.
Participants included Jonathan Gouveia, NYCHA Executive Vice President for Real Estate Development; Brian Honan, NYCHA Government Relations Director; and Dan Moritz, The Arker Companies. Deborah VanAmerongen, Nixon Peabody's Strategic Policy Advisor, moderated.
The New York Housing Conference's annual event brings together the state's affordable housing community.