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Housing Preservation involves the maintenance, repair, and restoration of existing residential buildings in order to ensure their long-term stability, safety, and habitability. This may include activities such as addressing structural issues, updating plumbing and electrical systems, repairing damage caused by natural disasters or wear and tear, and implementing energy-efficient upgrades to improve sustainability. The goal of housing preservation is to prolong the lifespan of the housing stock, protect the investment of homeowners and landlords, and promote the overall health and well-being of residents.