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How does the NLT ensure it will be able to maintain properties in the future?

April 26, 2017able ensure future maintain nlt properties

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How does the NLT ensure it will be able to maintain properties in the future?

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Each NLT property will have a stewardship endowment. This is a sum of capital that is invested to produce an annual income equal to the anticipated fixed costs of ownership such as insurance, taxes, monitoring and maintenance. The capital is retained with only the interest being spent each year.