Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Local Real Estate Networking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

50
Posts
17
Votes
Desiny Smith
  • Glens Falls, NY
17
Votes |
50
Posts

50k Rehab Grant - Albany, NY

Desiny Smith
  • Glens Falls, NY
Posted
Per the Vacant Building Rehabilitation Grant buyers of vacant buildings can be granted up to $50,000 towards rehabilitation in Albany, NY. In exchange, half of the units (assuming it is a multi family) must be affordable housing. Has anyone applied for this grant? If so... 1.) What was the application process like? Were you awarded the full $50,000? 2.) Did you use it in addition to a mortgage, (I.e, FHA 203k, construction loan) private lending, or your own money? 3.) Did the city dictate how you spent the money? 4.) What was your experience like screening tenants?

Loading replies...