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Current Issue: Volume 130, Number 1 July 14, 2009

RIB


RIB

Posted 08-25-2003 at 5:04PM

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  • Home renewal grants
Home renewal grants

RPI’s Neighborhood Renewal Initiative has been granted $240,000 that will be divided into 30 grants of $8,000 each and provided to qualified local residents with incomes below 50 percent of the median income. The funds are for use toward improving owner-occupied homes in areas with code violation, energy conservation, and life safety concerns.

The Hillside Homeowner Rehab Program, as it is called, will help residents in an area bounded by Eighth Street to the west, Hoosick Street to the north, Poestenkill Gorge to the south, and 15th Street to the east.

HSBC Bank and the Troy Rehabilitation and Improvement Program NeighborWorks Homeownership Center will be administering the funds. TRIP will also help out residents by providing credit counseling, identifying low-interest loan funds, and locating other resources for homeowners. The Troy Architectural Program, Inc., will oversee the projects and ensure that the work is properly completed.


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Posted 08-25-2003 at 5:04PM
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