nyc action plan-review

© 2012 Save Big Bread LLC. All rights reserved.

Public Comment Period Review

April 2, 2013 Tony Maull 703-722-9122 x 1 [email protected]

NYC Action Plan


Tony Maull - Presenter

President and co-founder SaveBigBread.com

Former Ernst & Young Clean Technology Leader

VP at Experian (Data and Analytics Division)

Software and Technology Investment Banker

www.linkedin.com/in/maull/


2

Who got hit?

Brooklyn 37%

Manhattan 27%

Queens 22%

Staten Island

9%

Bronx 5%

Population


3

How did the $ get allocated?

Housing Programs

40%

Business Programs

18%

Infrastructure and Other

City Services 23%

Citywide Administration and Planning

16%

Allocations

$600mm

$325mm

$400mm

$340mm


4

Who owns the buildings?

Residential 67%

Mixed Res/

Comm 16%

Business 16%

Public 1%

Sq. Ft.


5

Who gets the money

Single family - other 26%

Multi- family - other 14%

Single family -

Low/Mod 32%

Multi family - Low/Mod

28%

% of $600mm Low/Mod Inc. up to Brooklyn $62,430 Queens $78,968 Staten Island $101,852 Manhattan $94,085


6

#1 Priority

295 1-2 family

homes 900 multi-family,

15 buildings

Severely damaged homes

1,400 1-2

family homes

20,000 Multi-family,

300 buildings

Majorly damaged homes


7

Getting work done

1.  City will prioritize, direct and pay contractors. 1.  Strict circumstance – own contractor.

2.  Adhere to Enterprise Green Communities Standard. 1.  HUD CPD Green Building Checklist.

1.  For those building that can’t meet the Standard.

3.  Raising cost assistance to comply with local code.

4.  No “in-kind” replacement.

5.  No reimbursement for completed work.


8

Attached strings

1.  Maintain ownership for up to 5 years. 1.  As of the construction completion date.

2.  Must maintain flood insurance. 1.  No less than the amount of assistance. 2.  Up to NFIP maximum.


9

NY State buyout program Standard buyout 100% of pre-storm value. Homes more than 50% damaged. Inside 500-year floodplain. Enhanced buyout High risk determined by county and local government. 5%-25% premium on top of pre-storm value. Relocation incentives 5% in-county relocation. 10% enhanced individual and group buyout.


10

NY City potential buyout

Acquisition for Redevelopment 100% of post-Sandy value. Voluntary homeowner opt-in.


11

Open issues 1.  No assessment appeals process.

1.  Housing Recovery Specialist. 2.  Assessment Specialist.


12

Open issues 1.  Contractor management.

1.  How can homeowners get competing estimates? 2.  Complaint regarding workmanship? 3.  Who issues the labor warranty? 4.  Will the manufacturer honor the product warranty? 5.  Will EEOC rules be honored by the City?

1.  “criminal record exclusions have a disparate impact based on race and national origin.”


13

Action items 1.  Public comment window closes April 4 at 12 midnight.

2.  Submit comments to: 1.  http://ww.nyc.gov/cdbg 2.  212-639-9675


14

Questions Tony Maull

[email protected]

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