Genuine question: what is the non municipal bond approach on the table?
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Dems don’t like funding section 9 not just for ideological reasons (though there are plenty) but because it’s political loser: big lift to bring Rs to table, no delivery for their district (it’s really mostly concentrated in NY)
So one argument for the preservation trust is that by keeping NYCHA public but creating a workaround that makes the agency eligible for section 8 funding streams, we strengthen our hand politically both in DC and in Albany.