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"And by transferring land ownership to the Interboro CLT, we are advancing equity in ownership, long-term cost, and wealth structure for families and neighborhoods alike. Thank you to our local partners at Interboro Neighborhood Land Trust, Environment New York City and Westchester, and NYCHA for making this amazing task possible." "NYCHA, in More Details with HPD and regional non-profit companies like Habitat for Humankind New York City City and Westchester, has actually made excellent development in connecting low- and moderate-income homeowners to real estate opportunities across New york city City," said.

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"We have actually awaited a very long time, and we are anticipating an improved lifestyle." "Through HCR's Affordable Real estate Corporation, New York State makes safe and economical homeownership a reality for countless New Yorkers each year," said. "Our $560,000 award to support 'Habitat Web Zero' in Southeast Queens will expand economic chance and access to generational wealth building for low- and moderate-income households.

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"The favorable effect of these healthy, energy-efficient, and cost effective homes will benefit hard-working households 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 neighborhood land trust, combined with the net-zero features of the homes and the Post XI property tax exemption, make up a powerful trifecta that not just enhances the long-term affordability of the homes however likewise reinforces the opportunity for house owners to construct personal in addition to generational wealth," said.