PACT is the most viable path to addressing NYCHA's $78.3 billion capital crisis. NYCHA faces a $78.3 billion repair backlog. The City has committed $6.9 billion over 10 years and the State about $1.2 billion. PACT gives NYCHA access to private financing and additional federal funding that traditional public housing cannot, bringing the City closer to meeting its capital needs.

PACT has unlocked $13.3 billion for public housing, leveraging $4.40 in private funding for every $1 of City subsidy. Over its first decade, PACT raised $13.3 billion to fund comprehensive renovations of more than 31,000 apartments, with another 11,000 in the pipeline. Nearly $7.8 billion, almost 60%, came from private capital markets. PACT uses stable federal Section 8 funding to secure that private financing.

PACT buildings have fewer unresolved housing code violations than other multifamily housing. The median PACT building had 0.13 open violations per apartment, less than half the citywide rate of 0.29. Only 28% of violations issued in PACT buildings from 2021 to 2025 remained open, compared with 49% across multifamily buildings citywide. PACT buildings that finished construction had 77% fewer open serious violations per apartment than those still under construction.

87% of surveyed residents would recommend PACT to other NYCHA communities. A survey of residents at four PACT developments found that 77% were very satisfied with building renovations, 78% said their buildings and grounds were cleaner than before, and 67% said property management was better than under NYCHA. Most said they feel more stable in their homes and that their development is a better place to raise a family.

The strongest research to date finds that PACT does not increase evictions. A 2026 peer-reviewed study by the NYU Furman Center and Princeton University's Eviction Lab found no significant increase in eviction filings or judgments after RAD/PACT conversion, in New York or nationally. It is the most comprehensive study of RAD-related eviction activity to date, covering more than a decade of data.

PACT has given residents a greater role in decisions about their homes. Over the past decade, NYCHA has created new tools for resident partnership, including Resident Review Committees, resident-led developer interviews, Resident Advisors, the PACT Resource Team, community visioning and resident involvement in pre-development planning.

PACT is reaching more residents than ever, but projects are taking years longer to deliver. The average time from request for proposals to construction completion grew from about 3.3 years for projects started in 2016 to 5.7 years for projects started in 2019. Developer selection and pre-development have also lengthened, raising costs, extending the wait for residents and straining trust in the program.

PACT adds layers of oversight and accountability to public housing. Traditional public housing is overseen mainly by HUD. PACT projects are also overseen by the NYC Housing Development Corporation, the City's Office of Management and Budget, the IRS, private lenders and their regulators, and in some cases Fannie Mae and the State Historic Preservation Office. Each has independent enforcement authority.

The cost of waiting to repair NYCHA buildings is rising quickly. In 2017, 7% of NYCHA developments had estimated repair needs above $400,000 per apartment. By 2023, 85% did. As construction costs rise and buildings deteriorate, every year of delay makes comprehensive repairs more expensive.

The next decade of PACT must be about scale, speed, trust and accountability. PACT has shown it can bring resources into public housing that would otherwise be unavailable. The challenge now is execution: converting more apartments each year, shortening timelines, strengthening resident partnership and holding PACT partners accountable for building conditions.