Presenter – General Manager Cecil House Introduction: Good Evening everyone and welcome. I ask that everyone please take a seat we are about to begin the meeting. My name is Cecil House and I am the General Manager for the New York City Housing Authority. Tonight’s meeting is very important meeting because it’s a topic I think we can all agree on - preserving public housing. This is a continuation of conversations and it is a pleasure to be here – we have NYCHA staff from various departments – Development, Communications, Operations, REES, Family Services. But before we begin the meeting I would like to inform you of the following [Ask Interpreters to come up to podium]: We have available interpreters in Spanish, Chinese and Russian. They are going to come up now and introduce themselves and explain that we have wireless interpretation equipment; that will enable you to hear the presentation simultaneously in Spanish, Chinese and Russian. We also have sign languages interpreters who will be signing during the presentation
Presenter – Cecil House, General Manager - Walk through each of the points listed on the slide It is important that we have a common understanding so that this can be a productive conversation as possible. I would like to go over some Ground Rules : We are here to listen If you would like to speak or ask a question – You must complete a speaker slip [Hold up a sample of speaker slip] We also have comment cards for those who would like to provide feedback. [Hold up a sample of speaker slip] This is a meeting for residents so we are going to take questions from residents first and then move on to other questions if time permits. We ask that your comments are respectful and that you be considerate of others and allow them time to share their questions If you have any personal and/or specific need or issue related to your apartment – please raise your hand, NYCHA staff is here to assist you. We want everyone to feel comfortable and have the ability to speak freely therefore there will be no videotaping allowed. Please be advised that there is a NYCHA staff photographer that will be taking pictures of the meeting. If you do not want your photo taken please inform a NYCHA staff person. We also ask that if you have materials that you would like to hand out please wait until the end of the meeting.
Presenter – General Manager Cecil House Again, tonight’s meeting is a conversation about preserving, maintaining and protecting public housing for another 79 years. We want public housing to be here for future generations. As you know Smith is 60 years old . I know that the information we are going to share with you tonight is important for you hear about because you have taken the time out to come to this meeting. So lets get started with an overview of the details of the proposal so that everyone has the same information. We will provide you with a copy of the complete presentation at the end of the meeting today.
Presenter – GM House $6 Billion is the current unmet capital need and over the next 5 years this need will more than double for a total amount of $13.4 Billion. Reinforce the unmet need due to years of underfunding by the federal government $876 Million in Capital funding and $750 Million in Operating. NYCHA is not getting enough money to keep the buildings maintained. Reiterate again the lack of the cumulative capital funding over the next 5years. Emphasize that NYCHA does not have enough money and that we cannot therefore make the necessary capital improvements or repairs. Introduce Fred Harris, Executive Vice President for Real Estate Development
Presenter –Executive Vice President for Development, Fred Harris
Presenter –Executive Vice President for Development, Fred Harris Go through the points again to emphasize what the project is NOT to dispel rumors!!
Presenter –Executive Vice President for Development, Fred Harris GM to go through the points on the slide again with Fred
Presenter – General Manager Cecil House Reinforce that revenue that will go back into preserving public housing at Campos and other NYCHA developments across the city.
Presenter – General Manager Cecil House [Fred comes up to discuss Slide#9 – Development Opportunity at Smith Houses]
Presenter –Executive Vice President for Development, Fred Harris
General Manager and team will field questions from the audience
NYCHA Infill Sites Presentation for Roundtable 4-11-13 (Smith Houses)
Preserving Public Housing Roundtable Discussion Smith Houses April 11, 2013
Conversation Guidelines Let’s hear from everyone No interruptions Treat everyone with respect Respect different opinions No videotaping Facilitators will take comments and questions at tables Note-takers are capturing ideas and opinions. No names will be used. 3
NYCHA’s Land Lease Proposal Proposal to lease land to a developer for construction of a new apartment building.All revenue will go to building improvements at Smith Houses and other NYCHA developments. 4
Discussion Topics Overview of Land Lease Proposal Building Site and Design Options Request for Proposal Project Timeline Comments and Q & A 5
$13.4 Billion Unmet Capital NeedNYCHA Wide for the Next 5 Years Smith Houses has $227 Million in capital needs NYCHA’s current 5 year Modernization Plan budgets $ 2.3 Million for Smith Houses for 2012-2016 7
Overview: Land Lease Proposed Plan NYCHA would lease (not sell) 14 parcels of land located within 8 developments Income generated will be dedicated to building improvements for public housing The developers will finance, construct, and operate new residential buildings. Approximately 80% of the apartments will be market rate and 20% will be permanently low income 8
Setting the Record Straight: At Smith the Development Plan Will: Not increase rent for NYCHA residents due to the new developments. Not demolish public housing apartments Not move NYCHA families Not privatize – NYCHA will still be the landlord Not sell the land; NYCHA will own the land under the new buildings. Not result in job losses or increased work requirements for NYCHA personnel. 9
NYCHA’s Core Principles for Development All new buildings located along street fronts to encourage pedestrian traffic and campus integration with the neighborhood and reduce construction impact Replacement of all parking spaces for all current resident legal permit holders NYCHA will remain your landlord and retain ownership of the land under the new buildings via 99-year ground leases 10
Benefits NYCHA Wide This initiative will generate between $30 million and $50 million of funding on a yearly basis for 99 years (term of ground lease) All revenue will be used to improve the quality of life of NYCHA residents by funding a portion of critical capital improvements – example: roofs, elevators, boilers, electrical system, apartment upgrades 11
Benefits for Smith Houses Residents Alternative power for systems during blackouts such as hallway and stair lighting, heat and hot water, elevators and security Construction and permanent jobs opportunities for NYCHA residents Enhanced security features for the entire development Preference for low income apartments in the new buildings Affordability restrictions are permanent 12
Smith Houses: Where We Are4,280 residents live at Smith Houses 14
Development Opportunity at Smith Houses Robert F. Wagner Place Site Site Area: 19,000 SF New Construction: 365,000 SF (approx.) / 395 Apartments* South Street Site Site Area: 55,000 SF New Construction: 700,000 SF (approx.) / 757 Apartments* Low Income units will be available to households with incomes at or BELOW 60% of Area Median Income (AMI) Maximum Allowable Income 1 person $ 36,1201Based on Dept. of Housing and Urban Development 2013 (HUD) Standards 2 persons $ 41,280*Calculation based on 925 SF unit size assumption 3 persons $ 46,440 4 persons $ 51,540 15
Group Discussion #1Comments and Concerns about Land Lease Proposal 16
Smith Houses: Development Sites Robert F Wagner Place Development SiteSouth Street Development Site
Smith Houses: New Parking and Improved Open Space Alfred E Smith DPR Rec. Center Improve access for Smith ResidentsCentral Plaza Improved space toaccommodate Family Day and Tai Chi
Group Discussion #2 Design Options Phasing of Development Interim / Permanent Parking Replacement Improving Smith Houses Open Space Security 21
Request for Proposal Process to ask developers for their ideas based on specificguidelines that NYCHA provides 22
RFP is currently in development Guidelines Under Consideration Alternate power source Distribution of apartment units Employment opportunities & training Preference for Smith Houses residents for affordable units Financial literacy training 23
Group Discussion #3 Request for Proposal Alternate power source Distribution of apartment units Employment opportunities & training Preference for Smith Houses residents for affordable units Financial literacy training 24
Next Steps in 2013 RFP out end of April Round of resident discussions Proposals submitted July/August Round of resident discussions Designation of developer Fall 2013 Round of discussions with residents, NYCHA Staff and designated developer 25
Key Milestones 2014-2016 Ongoing resident discussions Environmental review Submission of Section 18 application HUD Review of Section 18 application Upon approval, enter lease agreement Construction preparation & groundbreaking 26