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Q&A

Speaker Menin asks how HPD will help tenants facing significant increases

New York City Council · Jul 15, 2026 · starts 0:36:02 · 2 min 50 sec

Menin asks how HPD will help tenants across these developments. Phillips describes targeted SCRI outreach, and Julie Walpert provides statistics on 2025 increases: 37 developments, average 26% over multiple years, 25 with 20%+ increases.

Julie Menin

Okay, and how is HPD going to help these tenants who are all going to be facing very significant rent increases?

Adam Phillips

Yeah, so we do targeted outreach to enroll households that are eligible on to SCRI.

Adam Phillips

And then I'll let my colleague, Alika, just talk a little bit about what our process is to do outreach to the households that are eligible for SCRI.

Julie Walpert

Good afternoon, everyone.

Julie Walpert

I just wanted to just give you some highlighted, so it's like high level numbers related to the question around

Julie Walpert

the past 10 years and the proposed rent increases, because we'll be able to, we can give you these numbers and then follow up with what these numbers actually mean.

Julie Walpert

But I just wanted to get this on the record.

Julie Walpert

We've had 37 Mitchell Lama developments that saw rent and carrying charge increases in 2025.

Julie Walpert

So 37 Mitchell Lama developments saw increases in 2025.

Julie Walpert

These saw an average of 26% increase over multiple years.

Julie Walpert

And that was comparable to what Adam, the first deputy commissioner, was saying with the 28% at Tracy Towers.

Julie Walpert

But 15 were initiated in 2025, and the rest were initiated between 2022 and 2024.

Julie Walpert

25 of those involved a 20% or greater increase over several years.

Julie Walpert

And seven of those involved a 20% or greater increase in just 2025.

Julie Walpert

Five Michelama developments have filed for and received rate increases so far this year in 2026.

Julie Walpert

And the reason why I mentioned these numbers is because we have like the pattern and the trend and we can provide.

Julie Walpert

you on an individual basis working directly with the members on the developments within their districts that have asked for the increases and what's going on because that's the work that our

Julie Walpert

portfolio analysts actually do with the managing agents and with the shareholders.

Julie Walpert

They go through these numbers on a regular basis, and we can provide you with that information because our portfolio analysts are the asset managers in our housing supervision department.

Julie Walpert

And so they have this information.

Julie Walpert

This is nothing that is all of a sudden happening.

Julie Walpert

It's, we've seen, you already stated it, we've seen increases recently that are drastic, but our portfolio analysts are in these buildings every single day.

Julie Walpert

And so we have the information for you and we can sit with each member.