Types Of Bankruptcy

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October 13th, 2007

Teachers Fund Backs Job-Specific Housing

“As a prototype of housing for people who are essential to the functioning of a city, it’s quite important”

Elementary school teacher Ramona Roman has a master’s degree and earns $70,000 a year, but she’s barely making it in New York City.

‘I think I make a good salary, but it’s so hard living here I can’t get a decent apartment with the money I make. You also need to eat! You need to feed your kids!’ said the 52-year-old teacher, who supports two children and her mother.

Over the years, teachers in Roman’s predicament have fled the city’s red-hot real estate market looking for affordable housing. They may soon have a new option Roman plans to apply to live in a 234-unit housing project being developed specifically for educators. Read more



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