Private Management Deals Raised $1.6 Billion for NYCHA Repairs This Year, Officials Say
NYCHA used PACT and a Preservation Trust to secure over $1.6 billion in 2025 financing for repairs, advancing conversion and renovation of thousands of apartments.
Puerto Rican Families in New York's Public Housing Worry Privatization Will Cause Displacement
NYCHA transferred thousands of public housing units to private management under PACT, funding renovations quickly while tenants face evictions, higher costs, and loss of oversight.