Land Bank seeks $100K CDBG loan

Rehab of Prospect Street home would use grads of city construction training program

June 28, 2021

BY BRIAN LEE, The Daily Gazette

SCHENECTADY, N.Y. — 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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