New Affordable Patchogue Housing

LONG ISLAND HOUSING PARTNERSHIP ANNOUNCE FIRST COMMUNITY LAND TRUST HOME BUILD

November 15, 2016, 11 a.m.

96 Oak Street, Patchogue, NY

WHAT: On Tuesday, November 15, Citi Community Development and the Long Island Housing Partnership will announce the newly incorporated Community Land Trust for Long Island and the first home to join the Community Land Trust (CLT). The current structure at 96 Oak St. will be the first home to be placed in the CLT program. The structure that is currently on the site will be demolished and a new home will be built.

Eileen Auld, from Citi Community Development will provide the details of Citi’s partnership in the program, Peter Elkowitz will discuss how the Land Trust will insure affordable housing for Long Islanders and Mayor Pontieri will explain why the program is important for addressing Zombie homes.

A CLT is a nonprofit that retains ownership of land and sells or rents the housing on that land to lower-income households. Because the CLT owns the land, it can dictate the conditions of development and provide support services, ensuring what is built is truly affordable for the community in which it is based and that homes retain their affordability over time.

The CLT program will address several challenges to affordability on Long Island. It will create permanently affordable housing. Rehabilitated properties will be built with environmentally sound housing design and materials.

WHO: Representatives from Citi Community Development, Long Island Housing Partnership, the Village of Patchogue, Suffolk County and the Town of Brookhaven will be present to participate in the ceremonies.

WHEN: November 15, 2016; 11:00 a.m.

WHERE: 96 Oak Street, Patchogue, New York