News12 The Bronx
Program helps NYCHA Eastchester residents to decide redesign, redevelopment of their homes
Residents of the Eastchester Gardens were able to enjoy their newly designed tenant's association office, made possible through the PACT Program.
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NYCHA Journal
$318M in Renovations Coming to Hernandez, Meltzer Tower, & Seward Park Extension Through PACT
On April 16, NYCHA announced that capital repairs totaling $318.1 million will be addressed for over 1,000 residents living at Hernandez, Meltzer Tower, and Seward Park Extension in the Lower East Side neighborhood of Manhattan through the Permanent Affordability Commitment Together (PACT) program. Over the past year, resident leadership worked closely with NYCHA to determine the best approach for obtaining the much-needed improvements, and they have selected Essence Development, MDG Design + Construction LLC, and Wavecrest Management as the PACT partner team.
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NYCHA Journal
$665 Million PACT Renovation Coming to Bay View Houses
“Bay View residents’ selection of MDG, Infinite Horizons, and Wavecrest as partners in this PACT renovation is an exciting example of how tenant decision-making can profoundly improve the quality of life at NYCHA developments,” said Deputy Mayor for Housing, Economic Development, and Workforce Maria Torres-Springer. “This collaboration between tenants and an experienced, community-oriented team will make a major positive impact on peoples’ lives.”
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Greenline: North Brooklyn Community News
Williamsburg Houses Opens Applications for $5,000 Scholarship for Residents
In an effort to bolster educational and vocational opportunities for its residents, Williamsburg Houses, an affordable housing development located in Brooklyn, is now accepting applications for its scholarship program, the Inspired Path Forward Scholarship.
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The Real Deal
Hochul tries to address insurance discrimination against low-income tenants
The proposed ban has garnered support from industry experts and lawmakers, with Susan Camerata, CFO of Wavecrest, expressing optimism that it marks a positive shift in how the insurance industry approaches policy formulation.
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WNYC/Gothamist
Gov. Hochul’s budget bans insurance discrimination against low-income tenants
Camerata, whose company manages or owns more than 30,000 regulated and income-restricted apartments, said the proposed ban is “a step in the right direction for changing the insurance industry and how they write policies."
“Basing policies or declinations on the income of people who live in buildings should never be used to assess a policy,” Camerata said.
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