Chair Lee on HPD capital and expense funding for Mitchell-Lamas
Lee asks whether HPD provides expense funding for non-capital repairs or operating support. Phillips says no, HPD only provides city capital for capital-eligible rehab items, and advocates for more Section 8.
Okay, and then just last couple questions on the capital funding.
Do you provide expense funding to Mitchell Llamas either for non-capitally eligible repairs or for general operating support?
No, we don't provide tax levy or expense funds for Mitchell Lamas.
We only provide, like any other affordable housing project, we can only provide city capital to pay for capital eligible rehab items.
Again, the biggest benefit or one of the largest benefits that we could get is additional Section 8 to mitigate.
the rent increases, which I think we all know is an uphill battle.
Yes, definitely.
Okay.