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"And by moving land ownership to the Interboro CLT, we are advancing equity in ownership, long-term cost, and wealth building for households and neighborhoods alike. Thank you to our regional partners at Interboro Neighborhood Land Trust, Habitat New York City and Westchester, and NYCHA for making this interesting task possible." "NYCHA, in partnership with HPD and local non-profit companies like Habitat for Humankind New York City and Westchester, has made great development in linking low- and moderate-income residents to real estate opportunities across New york city City," said.

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"We have waited on a long period of time, and we are eagerly anticipating an improved lifestyle." "Through HCR's Affordable Real estate Corporation, New york city State ensures and budget friendly homeownership a reality for thousands of New Yorkers each year," stated. "Our $560,000 award to support 'Environment Net Zero' in Southeast Queens will broaden economic opportunity and access to generational wealth structure for low- and moderate-income families.

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"The favorable effect of these healthy, energy-efficient, and budget friendly homes will benefit hard-working families now and for generations to come.  Full Article  and our state are more powerful when we make room for more of us 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 homes and the Post XI property tax exemption, make up a potent trifecta that not just enhances the permanent price of the homes however likewise reinforces the opportunity for property owners to develop individual as well as generational wealth," said.