"Everybody unfortunately right now is very, very scared" said one resident, "including our seniors."

That's one reason some tenants at the Fulton Houses say they're fighting the proposed demolition of two buildings at their complex.

"You have a lot of people who are disabled who live there" said Mary McGee, tenant.  "You cannot just up and displace people."

Dozens of residents gathered to rally ahead of NYCHA'S latest and largest community meeting on the proposal. Officials say the plan would raise the funds needed for repairs.

"Our commitment here is to raise address the full capital needs for Fulton Houses which is 168 million dollars" said David Pristin, NYCHA'S Executive Vice President for External Affairs.

Under the plan, two buildings would be razed, with 72 affected families relocated to temporary housing. The freed-up land would then be sold to a private developer to build a new mixed income building. Officials say those affected tenants would then be placed into brand new homes.

As for the rest of the complex, housing officials say it would be converted to a federal program called Rental Assistance Demonstration or RAD, which falls under Section 8 housing and would bring in a new private manager.

"We are committing to residents that no residents will be displaced" said Pristin. "We are committing to residents that their rents will not increase."

NYCHA officials say that would allow clear the way for funding and renovations, but some tenants aren't sold.

"They tell people 'oh you're going to get new bathrooms, you're going to get new kitchens.' Big deal. I want the roof over my head" said McGee.

At the meeting, tenants from other NYCHA complexes that underwent conversions tried to ease fears.

"I make a phone call and tell them something's wrong in my apartment, within 48 hours someone's in my house to repair it," said one panelist who now lives in an apartment complex that underwent a RAD conversion.

But, critics say public land should stay public, confident that there other ways to raise money for housing that doesn't include selling to private developers.

"Why not tax some of the major corporations of a thousand employees or more in New York City, just one percent of their net income and put that money toward public housing in New York City? Transfer of air rights?" said civil rights attorney Normal Siegel.

This is not a done deal. NYCHA officials say this is still a proposal, but if the plan does move forward, officials could begin taking proposals from developers by the Fall.