2. Let’s hear from everyone
No interruptions
Treat everyone with respect
Respect different opinions
Speaker slips are available to register for the open
comment time at the end of the presentations
No videotaping
2
Meeting Guidelines
3. 3
Key Changes Implemented Due to Resident
Feedback
Design and Zoning Information
Section 18
Project Timeline
Comments and Q & A
Discussion Topics
4. Key Changes Implemented Due to
Resident Feedback
NYCHA has extended the release date of the pending
Request for Proposal (RFP) by several months
100% of revenue generated from rent will be
invested to meet the capital needs at the eight (8)
affected developments in the initial period.
At least 20% of the apartments will be permanently
low-income available to households earning a range
of incomes below 60% of Area Median Income (AMI)
for NYC Metro Area.
4
5. Key Changes Implemented Due to
Resident Feedback
NYCHA has restricted the height that can be built on
the Smith Houses development sites.
New Building designs must improve affected NYCHA
developments, be thoughtfully designed.
Developers will be competitively scored on their
willingness to increase the percentage of permanently
affordable apartments and or to decrease the average
AMI below 50%
5
6. Key Changes Implemented Due to
Resident Feedback
Proposers will be required to submit a NYCHA resident hiring plan
detailing initiatives targeted at hiring NYCHA residents.
At least 15% of the total labor cost for construction work should
be made-up of NYCHA residents.
NYCHA will require that proposers adhere to Section 3-like hiring
goals; 30% of permanent employment opportunities will be
targeted to NYCHA residents.
Designated developers will be required to conduct meetings,
discussions with residents, elected officials and community
boards , as project planning is refined and Section 18 applications
are prepared during 2014. 6
7. Some Key Steps:
Resident Consultation
- Residents have the right to submit separate written comments about
the Section 18 application
Environmental Review:
- Completion of environmental assessment of proposed development
projects pursuant to the federal National Environmental Policy Act
(NEPA) and State Environmental Quality Review Act (SEQRA); in New
York City, environmental review follows the City Environmental Quality
Review (CEQR) manual
7
Section 18
Before NYCHA may enter into a ground lease HUD must approve the
proposed transaction.
8. Some Key Steps:
Notice of Disposition in NYCHA Annual Plan
Appraisal of development site
Description of How Proceeds from Land Leases (disposition) Will Be Used
Elected Official Consultation
Letter dated and signed by Deputy Mayor that demonstrates NYCHA has
consulted with the appropriate local government officials about the
proposed disposition
Adoption of a resolution by the NYCHA Board to authorize submission of
the Section 18 application 8
Section 18
Before NYCHA may enter into a ground lease HUD must approve the
proposed transaction.
13. $13.4 Billion Unmet Capital Need NYCHA Wide
for the Next 5 Years
Smith Houses currently
has a total of $227
Million in capital needs
NYCHA’s current 5 year
Modernization Plan
budgets $2.3 Million for
Smith Houses for
2013-2017
13
14. Land Lease Opportunity
Key Milestones 2013
Release RFP
Pre-Submission Conference
Proposals due
Interviews/Applicant Presentations
Selection Committee makes recommendation to NYCHA Board
Board Conditionally Designates Developer(s)
CDLs issued to Developers
NYCHA to develop its Annual Plan (per HUD Section 18)
Throughout the year, there will be periodic engagement with
residents and other stakeholders (elected officials and
Community Boards)
14
15. Land Lease Opportunity
Key Milestones 2014
NYCHA Annual Plan becomes effective
Preparation of Section 18 Application (Draft)
Commence Environmental Review
Engagement with residents and other stakeholders
(elected and CBs) – “Official S18 Meetings”
Board Approval to submit Section 18 Application to HUD
Submission of Section 18 Application to HUD
Throughout the year, there will be on-going engagement
with residents and other stakeholders (elected officials
and Community Boards)
15
16. Land Lease Opportunity
Key Milestones 2015-2016
Key Milestones 2015
HUD may issue questions on application (est. / time may vary)
Prepare responses to HUD questions
HUD reviews S18 Application (with approval targeted in December).
Throughout the year, there will be periodic engagement with residents
and other stakeholders (elected officials and Community Boards)
Key Milestones 2016
Upon approval, enter Ground Lease agreement(s)
Construction preparation & groundbreaking
Throughout the year, there will be periodic engagement with residents
and other stakeholders (elected officials and Community Boards)
16