It depends on how large the grant is. If it is under $15,000, 5 years. If it is over $15,000, 10 years.
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The areas in Albany that are eligible for the Home Acquisition Program (HAP) are:
The Tenant Assistance Rehabilitation Program (TARP) program is available citywide.
The Homeowners Assistance Program (HOAP) program is available citywide.
No, Albany Community Development Agency (ACDA) has a list of qualified contractors.
All units in the property have to be occupied by income-qualified households as per Albany Community Development Agency (ACDA) program guidelines.
Yes, but you have to adhere to the Albany Community Development Agency (ACDA)’s schedule of rents.