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Remarks

Banks explains vote - NYCHA investment, anti-privatization, RAD/PACT concerns

New York City Council · Jun 30, 2026 · starts 1:07:03 · 2 min 49 sec

Council Member Banks discloses Parks and Juvenile Justice associations. He praises budget investments but calls for more NYCHA funding, an immediate moratorium on new RAD/PACT conversions, resident voting rights on conversions, and prioritizing Section 9 modernization. Votes aye on all.

Shaun Abreu

Banks.

Chris Banks

I'm disclosing on the record of the council proceeding that the Department of Parks and Recreation and the Juvenile Justice are funded in this budget and we are adopting and my brothers are associated with these entities.

Chris Banks

Permission to explain my vote?

Shaun Abreu

Permission granted.

Chris Banks

Thank you, Majority Leader.

Chris Banks

Thank you, Madam Speaker, to the leadership team and to the Finance Division.

Chris Banks

Thank you for your tireless work.

Chris Banks

To Mark, my colleagues, thank you for your tremendous work on this year's budget.

Chris Banks

This year budgeted, as stated by the speaker earlier, delivered the largest package of investments secured in the city council history, both capital and expense.

Chris Banks

It makes critical investments in addressing the ongoing affordability crisis here in New York City while expanding opportunity and improving the quality of life of all New Yorkers.

Chris Banks

We expanded mental health services, strengthened affordable and supportive housing, and invested in preparing vacant NYCHA units for occupancy and increased support for older adults across our city.

Chris Banks

And while these investments move our city forward, including steps to bring more NYCHA units back online, we must be honest that they do not yet meet the full scale of the need for facing public housing residents.

Chris Banks

As we recognize this progress, we must also confront

Chris Banks

where our city is still falling short.

Chris Banks

For me, that begins with public housing.

Chris Banks

For decades, NYCHA has suffered from chronic underinvestment, but let me be clear, the answers to this investment is not privatization.

Chris Banks

The answer is investment.

Chris Banks

Public housing deserves public investment, and public land must remain for public use.

Chris Banks

This is why I will continue calling for an immediate moratorium on new RADPAC conversions until we fully evaluate their long-term impact on residents and their rights.

Chris Banks

And instead, we must prioritize direct investment in traditional Section 9 housing by expanding comprehensive modernization program.

Chris Banks

This is how we will repair and rehabilitate and modernize NYCHA while keeping it permanently public.

Chris Banks

And when it's a community's future is at stake, residents deserve more than a presentation.

Chris Banks

They deserve a voice.

Chris Banks

Every night your resident should have the right in a formal democratic process to vote on whether or not they want to go rad pack.

Shaun Abreu

Please tell us your vote, Councilmember.

Shaun Abreu

Thank you.

Chris Banks

Thank you, Majority Leader.

Chris Banks

I vote aye on all.

Shaun Abreu

Appreciate you.

Council Staff

Thank you.

Chris Banks

Save section 8.

Shaun Abreu

There was no sass in that, I promise.