Banks asks how many PAC lease agreements are in effect
Banks notes NYCHA has said PAC partners and OAC providers sign lease agreements assigning repair responsibilities. He asks how many are in effect. Trimble says only a handful are in place; it is not required but encouraged. NYCHA shared a template with NYC Aging.
In the past, NITRA has stated that PAC partners and OAC providers sign lease agreements that assign repair responsibilities.
How many of these lease agreements are in effect?
So we do encourage the providers and the PAC partners to work together to finalize a lease agreement.
There's only a handful in place right now.
It's not a requirement that the provider sign the agreement, but we think it's good business practice and we encourage it.
We've shared a template that we've worked on with NYC Aging as well.
So there's a template, okay.
So that we think it's an important tool, but it's not required, but we do have a handful already.