Hakeem Jeffries, the House Democratic Leader representing New York, successfully secured $1.4 million in federal funding allocated to the Interboro Community Land Trust. This funding aims to establish and renovate multifamily housing units in East New York and Bedford-Stuyvesant, providing up to 100 affordable cooperative housing options for families earning between 50% and 80% of the Area Median Income. The Interboro CLT collaborates with multiple housing organizations to ensure long-term affordability in Metro Area housing, emphasizing the protection of communities from displacement and the provision of stable housing for future generations.
House Democratic Leader Hakeem Jeffries secured $1.4 million in federal funding to support the Interboro Community Land Trust for developing affordable housing in New York City.
With the funding aimed at creating up to 100 permanently affordable cooperative housing units, Jeffries emphasizes the need to protect community residents from displacement.
Interboro CLT's collaboration with various housing groups shows a united effort towards maintaining equity and housing security for Brooklyn's low and moderate-income families.
Christie Peale highlights the importance of this housing initiative by stating it will provide 'housing security for generations of Brooklyn residents'.
Collection
[
|
...
]