BY ANDREW BEAM, Gazette Reporter
The Community Builders is looking to clean up the brownfield site where the second-phase of its Hamilton Hill Project will be.
The nonprofit development company submitted an application to be included in the state Department of Environmental Conservation’s Brownfield Cleanup Program. This would allow the project to receive tax credits toward 4 percent of the total cost of the cleanup, according to Jennica Huff, senior project manager at The Community Builders’ chapter in Albany.
The Community Builders purchased several vacant properties in the Hamilton Hill neighborhood as part of its $40 million dollar second phase of its project. It will include a mix of apartments and commercial/retail space.
Most of the properties were acquired in November while the others were purchased during a City Council meeting earlier this month. Huff said last week that more than 20 of the buildings on those properties are slated to be demolished this summer, the cost of which she said is more than $1 million.
The funding would come from a mixture of grants and state resources, Huff previously said.
Schenectady County Metroplex Development Authority Chairman Ray Gillen previously said the organization would be giving $300,000 toward the demolition of three buildings included in the project.
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