New York , NY – November 2, 2011 – (RealEstateRama) — Nassau County Executive Edward P. Mangano was joined today by Legislator Howard J. Kopel, the Long Island Housing Partnership and homeowners to break ground on four new affordable workforce homes on Harris Avenue and Redwood Avenue in Inwood.
“It is extremely important that we increase affordable housing opportunities available to our residents. These homes provide a once in a lifetime opportunity to those who need it the most, while also creating construction jobs which are the backbone of our economy.” said County Executive Mangano. “Affordable housing programs like this provide seniors and low-income families with security and stability while improving neighborhoods with beautiful new homes funded by Federal dollars.”
A lottery was held in April of 2010 for the 44 applicants. Lottery winners include Charlene Charlot, Stephanie Hardy, Tamika Archer and Vivolyn Gayle. These four first-time homebuyers qualified to purchase and have signed contracts for the 3-bedroom, 1 ½ bath homes. These beautiful homes will be built by James Vilardi of Roosevelt Development Corporation and will be sold after subsidy for $157,563.
These homes have been made affordable through grants from Nassau County, the Federal HOME Program, as well as funds from the New York Homes and Community Renewal through the New York State Affordable Housing Corporation.
Nassau County Legislator Howard J. Kopel, who represents the Inwood community, added, “Making affordable housing available across Nassau County is fundamental to our long-term economic prosperity. Every generation of hard-working families and seniors deserves what so many of our parents and grandparents struggled to achieve, and what all parents want for their children: the security that only good homes in safe and stable neighborhoods can provide.”
“We applaud County Executive Mangano for his commitment to affordable housing and for providing the grants through the HOME Program to help these homeowners achieve the American Dream of homeownership,” said Peter Elkowitz, President and CEO of LIHP.
The mission of the Long Island Housing Partnership is to provide increased housing opportunities throughout Long Island for those unable to afford decent and safe homes, through programs, leadership and public advocacy.
