Jim Walden: “NYCHA residents add $2 billion of revenue to the city and…”

“… work with them to make sure that the urban planning and supportive services that we integrate into the blocks is done in a way that helps their families. Because the NYCHA residents add $2 billion of revenue to the city and they never get construction. It's a combination of, of development incentives for the real estate community. Bonds that are issued, a new construction financing fund that is part of my plan and it's all part of more than 10 different tools that we can use.” (14:54–15:02)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.