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Preserving Public Housing  Roundtable Discussion       Smith Houses          April 11, 2013
Introductions                2
Conversation Guidelines Let’s hear from everyone No interruptions Treat everyone with respect Respect different opinio...
NYCHA’s Land Lease Proposal  Proposal to lease land to a developer for construction of a new apartment building.All revenu...
Discussion Topics Overview of Land Lease Proposal Building Site and Design Options Request for Proposal Project Timeli...
Overview of Land Lease       Proposal                         6
$13.4 Billion Unmet Capital NeedNYCHA Wide for the Next 5 Years               Smith Houses has $227                Million...
Overview: Land Lease Proposed Plan NYCHA would lease (not sell)  14 parcels of land located  within 8 developments Incom...
Setting the Record Straight:         At Smith the Development Plan Will:         Not increase rent for NYCHA residents   ...
NYCHA’s Core Principles for Development            All new buildings located along             street fronts to encourage...
Benefits NYCHA Wide This initiative will generate between $30 million  and $50 million of funding on a yearly basis for  ...
Benefits for Smith Houses Residents Alternative power for systems during blackouts  such as hallway and stair lighting, h...
Land Lease Plan   Smith Houses                  13
Smith Houses: Where We Are4,280 residents live at Smith Houses                                       14
Development Opportunity at Smith Houses                                                                        Robert F. W...
Group Discussion #1Comments and Concerns about   Land Lease Proposal                              16
Building Site and Design        Options                           17
Possible Relocation of Site Uses                                   18
Smith Houses: Development Sites                                Robert F Wagner Place                                    De...
Smith Houses: New Parking and         Improved Open Space                                     Alfred E Smith DPR Rec. Cent...
Group Discussion #2             Design Options Phasing of Development Interim / Permanent Parking  Replacement Improvin...
Request for Proposal Process to ask developers for their ideas based on specificguidelines that NYCHA provides            ...
RFP is currently in development    Guidelines Under Consideration     Alternate power source     Distribution of apartme...
Group Discussion #3  Request for Proposal   Alternate power source   Distribution of apartment units   Employment oppor...
Next Steps in 2013 RFP out end of April Round of resident discussions Proposals submitted July/August Round of residen...
Key Milestones 2014-2016        Ongoing resident discussions Environmental review Submission of Section 18 application ...
Q&A      27
Land Lease Website               http://on.nyc.gov/landleasePublic comments can be submitted online and in writing to:    ...
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NYCHA Infill Sites Presentation for Roundtable 4-11-13 (Smith Houses)

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Smith Houses has a $227 million unmet need for capital improvements over the next 5 years.

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NYCHA Infill Sites Presentation for Roundtable 4-11-13 (Smith Houses)

  1. 1. Preserving Public Housing Roundtable Discussion Smith Houses April 11, 2013
  2. 2. Introductions 2
  3. 3. 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
  4. 4. 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
  5. 5. Discussion Topics Overview of Land Lease Proposal Building Site and Design Options Request for Proposal Project Timeline Comments and Q & A 5
  6. 6. Overview of Land Lease Proposal 6
  7. 7. $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
  8. 8. 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
  9. 9. 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
  10. 10. 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
  11. 11. 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
  12. 12. 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
  13. 13. Land Lease Plan Smith Houses 13
  14. 14. Smith Houses: Where We Are4,280 residents live at Smith Houses 14
  15. 15. 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
  16. 16. Group Discussion #1Comments and Concerns about Land Lease Proposal 16
  17. 17. Building Site and Design Options 17
  18. 18. Possible Relocation of Site Uses 18
  19. 19. Smith Houses: Development Sites Robert F Wagner Place Development SiteSouth Street Development Site
  20. 20. 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
  21. 21. Group Discussion #2 Design Options Phasing of Development Interim / Permanent Parking Replacement Improving Smith Houses Open Space Security 21
  22. 22. Request for Proposal Process to ask developers for their ideas based on specificguidelines that NYCHA provides 22
  23. 23. 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
  24. 24. 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
  25. 25. 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
  26. 26. 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
  27. 27. Q&A 27
  28. 28. Land Lease Website http://on.nyc.gov/landleasePublic comments can be submitted online and in writing to: New York City Housing Authority Land Lease Comments PO Box 3422 New York, NY 10008 28

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