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Hempstead schools' administration office. Superintendent Regina Armstrong said the state...

Hempstead schools' administration office. Superintendent Regina Armstrong said the state program will grant the district a lower interest rate and longer repayment period for money officials borrowed to build Rhodes Academy. Credit: Barry Sloan

Two Long Island school districts have been approved for more than $70 million in low-interest, tax-free bonds for capital projects and upgrades, Gov. Kathy Hochul announced Tuesday.

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