Programs

SEIC currently operates 3 home-owner rehabilitation programs, one home buyer development program and administers CDTA’s Homeowner Transit Use Incentive Program.

Home Maintenance

Our Home Maintenance and Security (HMS) Program provides up to $1,000 to South End homeowners for maintenance.  Preference is given to the elderly and disabled.

Homeowners are eligible if their household income is 80% or under the annual median income (AMI) for the Albany-Schenectady-Troy Metropolitan Area.
*As of April 1, 2018. These income guidelines change annually

Household Size Income Limit
1 $48,400
2 $55,300
3 $62,200
4 $69,100
5 $74,650
6 $80,200
7 $85,700
8 $91,250

Examples of maintenance activities (click for examples) include protective measures, cleaning activities, and limited appliance replacement.

Housing Rehabilitation

Our Homeowner Assistance Rehabilitation Program (HARP), funded by the NYS Homes and Community Renewal, will be used to improve 16 homes over the next two years.  To qualify, you must own and reside in a one – four family home and meet the program’s income criteria.

Homeowners are eligible if their household income is 80% or under the annual median income (AMI) for the Albany-Schenectady-Troy Metropolitan Area.
*As of April 1, 2018. These income guidelines change annually

Household Size Income Limit
1 $48,400
2 $55,300
3 $62,200
4 $69,100
5 $74,650
6 $80,200
7 $85,700
8 $91,250

Grant funds are available from $5,000 to a maximum of $35,000 (per unit).HARP funding can be used to address health and safety issues as well as to remedy code violations and HTFC Housing Rehab Standards. Under HARP heating, electrical, and roof repair/replacement can also be covered. Weatherization and energy measures may also be included in the scope of work.

Home Improvement Program

Our Home Improvement Program, funded by the NYS Affordable Housing Corporation (AHC HIP), will be used to improve 20 homes over the next two years.  To qualify, you must own and reside in a single-family home in the South End and meet the program’s income criteria.

Homeowners are eligible if their household income is 112% or under the annual median income (AMI) for the Albany-Schenectady-Troy Metropolitan Area.
*As of April 1, 2018. These income guidelines change annually

Household Size Income Limit
1 $54,208
2 $62,003
3 $69,709
4 $77,414
5 $83,686
6 $89,869
7 $96,051
8 $102,234

Home improvement funding can be used to correct basic structural defects or repair basic building systems, abate lead, provide energy efficiency improvements, and make homes accessible for the frail elderly and disabled.

Grant funds are available from $5,000 to a maximum of $40,000.

We operate our homeowner rehab programs (HMS, HARP, and AHC HIP) in partnership with other grantors, such as the Albany Community Development Agency, the Albany Community Action Program and the Affordable Housing Partnership to pool funding to meet the needs of your home.

CDTA Homeowner Incentive

The South End Improvement Corporation administers the Capital District Transportation Authority’s (CDTA) Homeowner Transit Use Incentive Program which encourages home ownership in transit-supportive neighborhoods.  New South End homeowners can receive two free bus passes for up to two years.  There are no income restrictions.  Recipients are required to occupy their new home for at least 24 months from the date of purchase.

For more information, contact CDTA at (518) 437-6865.

Click here for non-SEIC housing programs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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