hcr.ny.gov/about-hc
2. Governor Hochul Announces $1 Billion in Affordable Housing Financing-
www.governor.ny.gov/news/governo...
hcr.ny.gov/about-hc
2. Governor Hochul Announces $1 Billion in Affordable Housing Financing-
www.governor.ny.gov/news/governo...
We are calling on NYS leaders to finally live up to their promises: protect, defend, and truly invest in the future of affordable housing.
Footnotes and Quotations-
We are calling on NYS leaders to finally live up to their promises: protect, defend, and truly invest in the future of affordable housing.
Footnotes and Quotations-
Conclusion-
We are not asking for handouts. We are demanding fairness, accountability, and justice.
Conclusion-
We are not asking for handouts. We are demanding fairness, accountability, and justice.
7. Stronger Financial Oversight and Transparency
7. Stronger Financial Oversight and Transparency
6. Investigation into Wells Fargo’s Predatory Lending
6. Investigation into Wells Fargo’s Predatory Lending
Refinance the $195 million Wells Fargo loan at a fair public rate.
The State can use direct aid or pension funds (via Comptroller Thomas DiNapoli) to support and sustain affordable housing.
5. Ongoing Direct State Funding
Refinance the $195 million Wells Fargo loan at a fair public rate.
The State can use direct aid or pension funds (via Comptroller Thomas DiNapoli) to support and sustain affordable housing.
5. Ongoing Direct State Funding
If State employees get 3–4% raises, why are residents—many State and City workers themselves—being asked to pay ten times that rate?
If State employees get 3–4% raises, why are residents—many State and City workers themselves—being asked to pay ten times that rate?
3. Immediate Freeze on Carrying Charge Increases
No increases until the audit is complete and management is replaced.
3. Immediate Freeze on Carrying Charge Increases
No increases until the audit is complete and management is replaced.
2. Remove and Replace Current Management
Summit Management must be immediately removed for gross mismanagement.
HCR has the authority to act when a housing company is mismanaged.
2. Remove and Replace Current Management
Summit Management must be immediately removed for gross mismanagement.
HCR has the authority to act when a housing company is mismanaged.
Make audits mandatory annually, with costs covered by the State, given its decades of failed oversight.
Make audits mandatory annually, with costs covered by the State, given its decades of failed oversight.
Investigate all finances, contracts, vendors, loans, capital projects, and leases.
Investigate all finances, contracts, vendors, loans, capital projects, and leases.
Rochdale’s problems are solvable, but they require political will and real commitment to affordable housing. We demand the following:
1. Mandatory Independent Forensic Audit
Rochdale’s problems are solvable, but they require political will and real commitment to affordable housing. We demand the following:
1. Mandatory Independent Forensic Audit
If that is the endgame, hear us now: Rochdale Village residents will never surrender. We will fight back—with our voices, our organizing, and our votes.
If that is the endgame, hear us now: Rochdale Village residents will never surrender. We will fight back—with our voices, our organizing, and our votes.
When you drive residents into arrears or eviction, who will cover the lost revenue? How does displacing families ensure “financial solvency”?
The truth is this: these increases do nothing to get Rochdale Village out of debt.
When you drive residents into arrears or eviction, who will cover the lost revenue? How does displacing families ensure “financial solvency”?
The truth is this: these increases do nothing to get Rochdale Village out of debt.
That is not oversight. It is complicity.
Accountability and Consequences-
”
That is not oversight. It is complicity.
Accountability and Consequences-
”
DHCR’s Direct Role in the Crisis-
This crisis is not just about neglect—it’s about DHCR’s active failures.
DHCR’s Direct Role in the Crisis-
This crisis is not just about neglect—it’s about DHCR’s active failures.
For decades, when the State refused to provide ongoing aid, who exactly did you expect to pay for upkeep, repairs, and operations?
For decades, when the State refused to provide ongoing aid, who exactly did you expect to pay for upkeep, repairs, and operations?