$1 million renovation for one Albany Land Bank home

A dilapidated apartment building on Second Avenue in Albany’s South End was chosen by the legislature for a $1 million renovation budget thanks to a federal grant.

The house is anticipated to be sold for only $175,000 and interested buyers will be asked to enter a lottery in order to have a chance at purchasing the two-family unit.

R&I – TP

RandyMarsh

Article URL : https://cbs6albany.com/news/you-paid-for-it/1-million-renovation-for-one-albany-land-bank-home-grant-federal-money-hud-affordablehousing-southend-apartment#