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NYCHA to add more than 4,400 housing units to private management conversion program


More than 9,500 residents live in the developments the agency is adding to its private management program, known as the Permanent Affordability Commitment Together initiative. Repairs will include kitchen and bathroom work, elevator maintenance and renovations to common spaces. The initiative will also address chronic gas and heat outages and include security upgrades.
The agency is also accepting RFEIs for the Edenwald Houses in the Bronx, Reid Apartments–Park Rock Consolidated in Brooklyn and Frederick Samuel Apartments in Harlem.
There are currently about 26,112 units in some stage of the PACT process, according to NYCHA.
NYCHA launched its PACT program in 2016, which ultimately brings developments into the federal Rental Assistance Demonstration and converts them to Section 8 Housing. The program has led to more than $1.8 billion worth of investments across 49 developments so far, and the agency’s goal is to use the program to modernize 62,000 apartments ....

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