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"And by moving land ownership to the Interboro CLT, we are advancing equity in ownership, long-term price, and wealth building for families and neighborhoods alike. Thank you to our regional partners at Interboro Community Land Trust, Habitat New York City and Westchester, and NYCHA for making this interesting job possible." "NYCHA, in partnership with HPD and regional non-profit companies like Environment for Humankind New York City and Westchester, has actually made great development in linking low- and moderate-income homeowners to housing opportunities throughout New york city City," said.

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"We have awaited a long time, and we are eagerly anticipating a better lifestyle." "Through HCR' Check For Updates , New York State ensures and budget-friendly homeownership a reality for thousands of New Yorkers each year," said. "Our $560,000 award to support 'Habitat Web No' in Southeast Queens will expand economic chance and access to generational wealth building for low- and moderate-income families.

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"The positive effect of these healthy, energy-efficient, and affordable houses will benefit hard-working families now and for generations to come. Our city and our state are stronger when we include more people to own a piece of our communities." "The ownership of the land by the community land trust, paired with the net-zero features of the houses and the Short article XI real estate tax exemption, constitute a powerful trifecta that not just strengthens the irreversible affordability of the houses however also strengthens the chance for property owners to construct individual in addition to generational wealth," said.