The Battle of Starrett City

“The real issue,” says Howard Shultz of the Citizens Housing & Planning Council (CHPC), “is if going forward you intend to… have private developers… If you don’t keep the promises you made in the past, people today will have no reason to believe the promises you make today. And thus will possibly not participate.” Nonetheless, CHPC also supports requiring all Mitchell-Lama housing to be placed under rent stabilization to maintain affordability when owners opt out, and recommends lifting the cap on returns to give developers an incentive to stay in (a measure all advocates embrace).