On Monday, the city of Newark held its latest lottery round in a program aimed at increasing home ownership. The city-owned properties will need to be repaired or constructed, with selected owners getting a low-interest mortgage to help pay for the transformation.

Latoya Hardin received the keys to her house, sold to her for $1. Hardin is one of several residents who are now homeowners thanks to the Newark Homeownership Revitalization lottery program. The city is partnering with the Neighborhood Corporation of America to give long-term residents the chance to buy a home. Roughly 78% of Newark residents are renters.

“We are doing this because we need to…,” Newark Mayor Ras Baraka said. “Obviously, we try to create more homes … and at the same time, we’re dealing with a wealth gap that exists in the state of New Jersey.”