Save Public Housing in New York City
Channel: occupyradio
Date: 2019-06-11

Mayor de Blasio wants to put 1/3 of NYCHA into the hands of private landlords.

Mayor Bill de Blasio (D-New York City) has announced plans to put 1/3 of the apartments owned by the New York City Housing Authority (NYCHA) into the hands of the real estate industry. This amounts to 62,000 apartments.

Mayor de Blasio claims that the sale of public housing will benefit NYCHA tenants, but that is a lie. The transfer of NYCHA into private hands will benefit certain participants of the real estate industry. This is the same real estate industry that aims to deregulate rents and to fight the enforcement of tenant protections. This is also the same real estate industry that refuses to pay its fair share of taxes.

Besides converting 62,000 apartments out of public housing, Mayor de Blasio said he also expects to sell or least play grounds, green lawns, parking lots, and air rights. His plan is to raise $24 billion.

The plan is to convert public housing into Section 8 under a Government program called Rental Assistance Demonstration (RAD). This would allow private corporations to become the landlords of NYCHA.