“Giving” them equity that they would just sell before they move elsewhere is a stupid idea. If they were good at handling money like that, they wouldn’t be in public housing.
The best thing would be to just boot all the illegals from NYC to reduce the pressure on housing costs and the number of residents that might need alternatives while instead selling the buildings to developers.
“boot all the illegals from NYC to reduce the pressure on housing costs”
Would open up all kinds of housing.
Many in Public Housing are essentially “Wards of the State”, Incapable of competing in any real way in a market economy.
Step one above would help.
Step 2 is “No More People in Public Housing”. Can’t have more kids. Over time, folks will age out and free up the units.
Global Surplus Labor is a current problem.
What do you do with Global Surplus Humans?