Powell, a former Secretary of State, will welcome new homeowners as he cuts the ribbon at this building. The Habitat Web site notes that this "LEED Platinum" rated building will be the "greenest affordable multifamily residence in New York."
Habitat homes are built by professional contractors, volunteers and the families in need that will live in and own the homes. Each family must supply "sweat equity," and qualify in order to become a homeowner of a Habitat residence. The donor-supported organization is a powerful advocate for affordable housing.
Comments? Please send them to firstname.lastname@example.org. Kate McBride, AIF(R), is editor in chief of Wealth Manager and a member of The Committee for the Fiduciary Standard.