This document provides an overview and timeline for a pending land lease request for proposals regarding the redevelopment of Meltzer Tower public housing in New York City. Key points include: resident feedback has led to changes like extending the RFP deadline and requiring 100% of revenue to fund capital needs; the redevelopment will include at least 20% permanently affordable housing units; a Section 18 approval process is required from HUD and will involve environmental review and resident consultation; and timelines are provided for RFP release, proposal review, Section 18 application, and anticipated project completion in 2016.