… many years is that the scale of capital needs have been used as a justification for administrations to not do anything. Because what is said time and again as well, NYCHA needs $80 billion. Anything that we do is just a drop in the bucket. We need to wait for the federal government. (08:04–08:07)
CLAIM
Asserts that the New York City Housing Authority (NYCHA) requires $80 billion for its needs.
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.