Statement for the JJ Seniors Bond Proposal 1/28/21
DHA is proposing to issue tax-exempt, multifamily housing revenue bonds worth $9M for financing the construction of JJ Seniors, an elderly, affordable housing project with 20 out of 80 units dedicated to low income.
We have been told by both Mayor Schewel when we were asked to approve the Affordable Housing Bond and by DHA management and members of this board that redevelopment and conversion of public housing units to project based vouchers via RAD is the only option to address the maintenance and renovation needs of DHA’s entire portfolio. We hear that new revenue streams will not only provide extra dollars for maintenance, but also new programming opportunities for residents.
Yet, we are learning that redevelopment via RAD isn’t turning out to be the panacea it was portrayed to be. 1) We were told that units would have 1:1 replacements, but 3 1-bedroom units is not the same thing as 1 3-bedroom unit. 2) Despite promises that residents won’t be permanently displaced, we know people who have been. 3) We are learning of actual costs exceeding budgeted and 4) We are hearing about displacement of residents due to serious structural issues in the newly renovated units following RAD conversion.
With this being just the beginning of the redevelopment process, I ask you, how do you think it is going and are you, as members of the board, providing enough oversight, the thing you were appointed by the City to do?
The members of our community served by DHA have few options when it comes to housing. They are more likely to be affected by the harmful process of eviction. But being low income and having fewer options does not mean they deserve less dignity and respect. As members of the Board, as management of DHA, as taxpayers and community members of this city, we all have a shared responsibility for making sure that promises made are kept and the dignity and respect of each person is upheld.