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Land Bank wants $100K CDBG loan through Schenectady to rehab Prospect Street home


Land Bank wants $100K CDBG loan through Schenectady to rehab Prospect Street home | The Daily Gazette
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Inset: The home at 110 Prospect St. that the land bank wants to renovate.
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The City Council is expected to help provide the Capital Region Land Bank with the financial wherewithal to reimagine a blighted two-family residence that has been vacant for at least four years.
Toward the city’s ongoing effort to eradicate blight in the Eastern Avenue neighborhood, where 25 properties have been demolished, the council will vote on whether to authorize a $100,000 federal Community Development Block Grant loan for the Capital Region Land Bank to rehab 110 Prospect St. ....

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Schenectady awaiting $10M in state economic development funds


Schenectady awaiting $10M in state economic development funds
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1of18Buy PhotoGov. Andrew Cuomo speaks during an announcement that Schenectady will receive $10 million from the state for the revitalization of its downtown district on Tuesday, Nov. 5, 2019, at Proctors Theatre in Schenectady, N.Y. The money was awarded to the city through the fourth round of the state s Downtown Revitalization Initiative, which invests annually in 10 plans across the state that are intended to turn around local communities. (Will Waldron/Times Union)Will Waldron/Albany Times UnionShow MoreShow Less
2of18Buy PhotoGov. Andrew Cuomo speaks during an announcement that Schenectady will receive $10 million from the state for the revitalization of its downtown district on Tuesday, Nov. 5, 2019, at Proctors Theatre in Schenectady, N.Y. The money was awarded to the city through the fourth round of the state s Downtown Revitalization Initiative, which invests ....

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