City To Build Affordable Housing For Educators
| October 12, 2007 |  View for printing |
It's like a $28 million apple for city teachers.
Two apartment buildings slated for construction in the South Bronx will provide affordable homes for teachers, administrators and aides, officials announced yesterday.
The 234 units, financed through a $28million bond bought by the Teachers' Retirement System, are designed to retain educators who can't afford steep New York City rents.
"Teachers who work in the city want to stay in the city and want to live in the city. They want to have families grow up in the city," said teachers union President Randi Weingarten. "This project is a way of doing that."
BY CARRIE MELAGO DAILY NEWS STAFF WRITER
Full Story: http://www.nydailynews.com/news/2007 ... ng_p-2.html
No reader comments so far. Be the first to comment by clicking the button below.
Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.
