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THE CITY RECORD

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Accessibility questions: DCAS Accessibility, 212 386-0256, accessibility@dcas.nyc.gov, by: Wednesday, October 12, 2022, 9:00 A.M.

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BOARD OF EDUCATION RETIREMENT SYSTEM
MEETING

The Board of Education Retirement System Board of Trustees Meeting, will be held on Tuesday, October 18, 2022, from 4:00 P.M. - 6:00 P.M., via Webex. If you would like to attend this meeting, please contact BERS Executive Director, Sanford Rich, at Srich4@bers.nyc.gov.

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HOUSING AUTHORITY
MEETING

The next Board Meeting of the New York City Housing Authority, is scheduled for Wednesday, October 26, 2022, at 10:00 A.M. in the Ceremonial Room on the 5th Floor of 90 Church Street, New York, NY
unless otherwise noted. Copies of the Calendar will be available on NYCHAs website or may be picked up, at the Office of the Corporate Secretary, at 90 Church Street, 5th Floor, New York, NY, no earlier than 24 hours before the upcoming Board Meeting. Copies of the Minutes will also be available on NYCHAs website or may be picked up, at the Office of the Corporate Secretary no earlier than 3:00 P.M. on the Thursday following the Board Meeting.
Any changes, to the schedule will be posted here and on NYCHAs website, at https www1.nyc.gov/site/nycha/about/board-meetings.pageto the extent practicable, at a reasonable time before the meeting.
The meeting is open, to the public. Pre-Registration, at least 45 minutes before the scheduled Board Meeting, is required by all speakers.
Comments are limited, to the items on the Calendar. Speaking time will be limited to three minutes. The public comment period will conclude upon all speakers being heard or, at the expiration of 30 minutes allotted by law for public comment, whichever occurs first.
The meeting will be streamed live on NYCHAs YouTube Channel, at https www.youtube.com/c/nycha and NYCHAs website, at https
www1.nyc.gov/site/nycha/about/board-meetings.page.
For additional information, please visit NYCHAs website or contact 212 306-6088.
Accessibility questions: Office of the Corporate Secretary, 212 306-6088, by: Wednesday, October 12, 2022, 4:00 P.M.

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HOUSING PRESERVATION AND DEVELOPMENT
PUBLIC HEARINGS

PLEASE TAKE NOTICE that a public hearing will be held on November 9, 2022, at 10:00 A.M. The Public Hearing will be held via Conference Call: Telephone Number 1-646-992-2010; Access Code 717
876 299.
Pursuant to Section 6952b of the General Municipal Law and Section 18026j of the Charter, the Department of Housing Preservation and Development HPD of the City of New York City has proposed the sale of the following City-Owned property collectively, Disposition Area in the Borough of Bronx:
Address 3341 Third Avenue 1325 Chisholm Street 1319A Chisholm Street 1319 Chisholm Street 1234 East 223rd Street 1316 Findlay Avenue
Block/Lots 2370/143
2971/35
2971/38
2971/39
4897/63
2782/13

Under the Open Door Program, eligible sponsors purchase City-Owned or privately owned land and construct cooperative or condominium buildings affordable to moderateand middle-income households.
Where dictated by lot size, the program may also fund the construction of new oneto three-family homes. Construction financing may be
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provided through loans from the City City Subsidy, the New York State Affordable Housing Corporation, private lenders and developer equity. The City provides a tax exemption for the homes.
Upon construction completion, the sponsor will sell the homeownership units to households who agree to owner-occupy their units for the length of the regulatory period. If the homeowner sells or refinances during the regulatory period, the homeowner may realize up to 2%
appreciation on the original purchase price per year of owner occupancy. Upon resale, the homeowner will also be required to sell to a household earning no more than the projects income limit.
The proposed project consists of the new construction of approximately seven two-family homes containing a total of approximately 14
dwelling units on the Disposition Area and privately-owned land located at Block 2423, Lot 33 collectively, Project Area.
Under the proposed project, the City will sell the Disposition Area to Restored Homes Housing Development Fund Corporation Sponsor for the nominal price of one dollar per tax lot, and the Sponsor will convey beneficial ownership of the Disposition Area to Neighborhood Infill Partners LLC Company, which will develop the Project Area.
The Company will also deliver a note, and the Sponsor and the Company collectively, Owner will deliver a mortgage, for the difference between the appraised value of the land and the purchase price Land Debt.
Upon the sale of each homeownership unit to an initial purchaser, the Land Debt and City Subsidy, if any, will be apportioned pro rata to each unit. At such time, HPD may unsecure or forgive all or a portion of the Land Debt, and unsecure, but not forgive, all or a portion of the City Subsidy, based on the appraised value of a homeownership unit and/or, in the case of forgiveness of Land Debt, if HPD determines that the forgiveness is necessary to reduce the taxable consideration for a unit.
The sum evidenced by the note and secured by the mortgage will be reduced to zero upon maturity of the Land Debt and City Subsidy, respectively, if the owner has complied with the programs restrictions.
The appraisal and the proposed Land Disposition Agreement and Project Summary are available for public examination by emailing Margaret Carey, at careym@hpd.nyc.gov, on business days during business hours.
The hearing location is accessible to individuals using wheelchairs or other mobility devices. For further information on accessibility or to make a request for accommodation, such as sign language interpretation services, please contact the Mayors Office of Contract Services MOCS via email, at disabilityaffairs@mocs.nyc.gov, or via phone at 212 788-0010. TDD users should call Verizon relay services.
Any person requiring reasonable accommodation for the public hearing should contact MOCS at least three business days in advance of the hearing to ensure availability.

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PLEASE TAKE NOTICE that a public hearing will be held on November 9, 2022, at 10:00 A.M. The Public Hearing will be held via Conference Call: Telephone Number 1-646-992-2010; Access Code 717
876 299.
Pursuant to Section 6952b of the General Municipal Law and Section 18026j of the Charter, the Department of Housing Preservation and Development HPD of the City of New York City has proposed the sale of the following City-Owned property collectively, Disposition Area in the Borough of Bronx:
Address 1312 Chisholm Street 1314 Chisholm Street
Block/Lots 2972/15
2972/16

Under the Open Door Program, eligible sponsors purchase City-owned or privately owned land and construct cooperative or condominium buildings affordable to moderateand middle-income households.
Where dictated by lot size, the program may also fund the construction of new oneto three-family homes. Construction financing may be provided through loans from the City City Subsidy, the New York State Affordable Housing Corporation, private lenders and developer equity. The City provides a tax exemption for the homes.
Upon construction completion, the sponsor will sell the homeownership units to households who agree to owner-occupy their units for the length of the regulatory period. If the homeowner sells or refinances during the regulatory period, the homeowner may realize up to 2%
appreciation on the original purchase price per year of owner occupancy. Upon resale, the homeowner will also be required to sell to a household earning no more than the projects income limit.
The proposed project consists of the new construction of approximately one building containing a total of approximately 22 cooperative units, plus one unit for a superintendent on the Disposition Area.
Under the proposed project, the City will sell the Disposition Area to Restored Homes Housing Development Fund Corporation Sponsor