NYCHA Hylan Houses residents await results of vote on future of development
The vote comes after NYCHA says the building has an estimated 20-year capital need of nearly $90 million to maintain it.
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Residents at the NYCHA Hylan Houses development are one week away from learning the outcome of a vote that will determine the future of their housing development.
The vote comes after NYCHA says the building has an estimated 20-year capital need of nearly $90 million to maintain it.
Residents were given three options: to remain in Section 9 housing, to join the Public Housing Preservation Trust (which would allow for repairs through a third-party partner), or to become part of the PACT (Permanent Affordability Commitment Together) program, which would unlock federal funding for repairs.
A minimum of 20% of all heads of household must participate in the vote for it to be considered valid and binding.
The votes will be released on Dec. 20.
