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City To Build Affordable Housing For Educators

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/2007/10/05/2007-10-05_city_woos_educators_with_bronx_housing_p-2.html

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