I represent 25 NYCHA developments, more than any DSA elected official. If you want to understand why many of my constituents—who’ve waited all their lives for NYCHA to make repairs—don’t agree with you, you should try talking to them, or invite us next time you have a teach-in.https://twitter.com/JuliaCarmel__/status/1463986288449703938 …
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The preservation trust is what the blueprint legislation creates. It creates a new public authority that has authority to do things NYCHA can’t do, including - using different federal public subsidy sources - issues bonds and holding debt - design build
I personally don’t think it’s privatization. I think it’s is reforming NYCHA so it is can act by the same rules as every other public agency (NYPL, MTA, DOE, etc) Those who are calling it privatization are worried about what happens if bond-holders/lenders have a stake in NYCHA
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I think these are both valid takes, btw. I’m just trying to explain what the debate is about. I think the ability to bring NYCHA, a public agency, into the 21st century is necessary for it to survive as a public agency - but I get/respect resident distrust of the plan!
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TLDR: I don’t think it’s fair to say shorthand Blueprint = privatization - I think it’s more complicated than that!
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I think those are very legitimate concerns from NYCHA residents. The MTA and DOE operate quite poorly. NYPL I can’t speak on as much per se.
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Totally agree! But NYCHA also operates poorly as is, arguably to much larger harm than DOE/MTA. In general tho I’m happy: this is the beginning of necessary debate for socialists abt the best way to structure public agencies! I’d like debate it in nicer/better faith ways!
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Your need to change that to WHEN not IF as the Trust will get tenant protection vouchers and use those to place land and developments themselves up as collateral.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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