Schenectady, N.Y. — The Capital Region Land Bank announced today that it has received a new grant award of $530,000 from Enterprise Community Partners. The additional funding will be used to continue to boost neighborhood development efforts in Schenectady County and the City of Amsterdam. The new grant is a supplement to the $2 million awarded by Enterprise Community Partners to the Land Bank last year.
Schenectady County Legislator and Capital Region Land Bank Chairman Richard Ruzzo said, “As we all deal with this nationwide health crisis, we are pleased to secure this new grant that will allow us to continue our mission to improve the safety and quality of our housing while supporting our neighborhood redevelopment efforts. We thank Enterprise Community Partners for selecting our grant proposal for funding.”
The Land Bank demolishes buildings that act as impediments to neighborhood safety, security and health. It also renovates homes and creates new housing promoting neighborhood development.
A bid to demolish 15 structures, many of them condemned buildings, was recently awarded by the Land Bank. The first of this latest round of 15 demolitions, at 1612 Carrie Street, will begin next week in full compliance with local and state restrictions due to the current health crisis.
More information can be found at www.capitalregionlandbank.com.