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"And by moving land ownership to the Interboro CLT, we are advancing equity in ownership, long-term price, and wealth structure for families and neighborhoods alike. Thank you to our regional partners at Interboro Neighborhood Land Trust, Environment NYC and Westchester, and NYCHA for making this interesting task possible." "NYCHA, in Solution Can Be Seen Here with HPD and regional non-profit organizations like Habitat for Mankind New York City and Westchester, has made great development in connecting low- and moderate-income residents to housing chances across New york city City," said.
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"We have waited for a long time, and we are anticipating an improved quality of life." "Through HCR's Affordable Housing Corporation, New York State makes safe and affordable homeownership a reality for thousands of New Yorkers each year," said. "Our $560,000 award to support 'Environment Net No' in Southeast Queens will broaden financial chance and access to generational wealth building for low- and moderate-income households.
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"The positive effect of these healthy, energy-efficient, and budget-friendly homes will benefit hard-working households now and for generations to come. Our city and our state are stronger when we make room for 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 home tax exemption, make up a potent trifecta that not only reinforces the permanent cost of the houses but likewise strengthens the chance for homeowners to develop individual as well as generational wealth," said.