Genuine question: what is the non municipal bond approach on the table?
Refis of public debt? Not a solution for NYCHA which currently isn’t leveraged at all, right?
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Refis of existing debt would create a whole lot of breathing room in the City and State budgets, to be spent to top priorities like NYCHA and other housing https://acrecampaigns.org/research_post/cancelwallstreet/ …pic.twitter.com/49Su1Mp2ay
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But refi of what? Existing public debt?City level? Wouldn’t have to refi everything AND THEN get Adams to dedicate 100% of the savings to NYCHA, and then you might have 1-2% of the total need for the PHA. (3B per acre screen shot) 1/
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