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"And by moving land ownership to the Interboro CLT, we are advancing equity in ownership, long-lasting cost, and wealth building for families and communities alike. Thank you to our local partners at Interboro Community Land Trust, Habitat NYC and Westchester, and NYCHA for making this exciting task possible." "NYCHA, in Greatlandinvestments with HPD and regional non-profit companies like Habitat for Mankind New York City City and Westchester, has actually made great progress in connecting low- and moderate-income locals to housing chances throughout New york city City," stated.


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"We have actually waited on a long time, and we are looking forward to an improved lifestyle." "Through HCR's Affordable Housing Corporation, New york city State makes safe and affordable homeownership a reality for thousands of New Yorkers each year," stated. "Our $560,000 award to support 'Habitat Web Zero' in Southeast Queens will expand economic opportunity and access to generational wealth structure for low- and moderate-income families.

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"The positive effect of these healthy, energy-efficient, and economical houses 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 neighborhoods." "The ownership of the land by the community land trust, paired with the net-zero features of the houses and the Post XI real estate tax exemption, constitute a powerful trifecta that not only reinforces the irreversible price of the homes but also enhances the chance for homeowners to build personal in addition to generational wealth," said.