Troy NY Home Assistance

Housing and Home Assistance

The City of Troy offers special loans, programs and services that can help you with buying, selling, maintaining and fixing up a home. Also listed are a number of resources that could be helpful for landlords and renters. If you have any questions or need further assistance, please use the form on the contact us page.

Programs

City of Troy's 'Home Incentive' Program (H.I.P)
This program helps to promote homeownership in Troy for low-income homebuyers. Eligible applicants must have an annual household income at the time of application under 80% of the median - learn more .

City of Troy's Housing & Energy Improvement Program
The HH&EIP Grant is a Federal Housing Initiative to preserve and enhance the structural quality, livability, and value of the City of Troy's housing stock. The program aims to eliminate housing deficiencies by providing financial and technical assistance to very low, low, and moderate income homeowner's of 1 or 2 unit homes - learn more.

City of Troy's 'Sidewalk' Program
This is a loan program, where the owner will pay back to the City of Troy, the monies borrowed, plus interest, to pay for installing new or replacing existing sidewalks, curbing and other related work completed with the City Right of Way. Download application.

South Troy Exterior Enhancement Program
The City of Troy in partnership with the NYS Affordable Housing Corporation will offer eligible homeowners in the South Troy target area grant assistance up to $5,000 for exterior home improvements. NYSAHC will cover up to 60% of the cost of rehabilitation for homeowner at or below 112% of the HUD low income limits. These homeowners will be required to match the remaining 40% of project costs with personal funds. Homeowners at or below 80% median income may be eligible to receive additional grant funds up to 40% to cover the remaining cost of rehabilitation. Download brochure

Capital District Individual Development Account (IDA) program
This is a matched savings grant for income eligible households. $5,000 maximum grant. Can be used towards buying a house, attending school, or starting a business. Contact Freddie Conyers-Burns at (518)434-1730.

CEO Weatherization Assistance Program
Weatherization services are available to eligible household whether you rent or own your own home. Eligibility for the Weatherization Assistance Program is based upon household size, income and categorical eligibility. For more information contact the Commission on Economic Opportunity (CEO) at (518) 272-6012 or visited their website at www.ceo-cap.org/housing.html.

The Sage College's Homeownership Incentive Program
Financial assistance is provided to those interested in buying a home in the downtown Troy area. There are no income limits on participants. Benefits of the program includes forgivable loans up to $5,000, preferred mortgage interest rates, $350 for legal services for closing, and home-buyer workshops. The target area is bounded by Ida Street, 5th Avenue, Federal Street, and River Street. The forgivable loan can be used for the down payment, closing costs, or home renovations on all residential or mixed residential-commercial properties in the targeted area. For more information and to For program availability call (518) 244-2391.

Community Preservation Corporation (CPC) - Take Stock In Your Block Program
Offers loans up to $500,000 for acquisition and rehabilitation of investment properties located in South Troy and purchased by South Troy residents.There are no income limits on participants. The program features supplemental 0% financing, 30 year fixed rate permanent loans, one loan closing with escrow for rehabilitation, and reduced fees for third party reports. For program availability call ( 518) 463-1776 or visit www.communityp.com

Help Resources
Troy Rehabilitation & Improvement Program (TRIP) Troy Architectural Program (TAP) Commission on Economic Opportunity (CEO) U.S. Department of Urban Development (HUD) DPW Dispatcher Code Enforcement Parking Permits & Signs Recycling TAP Commission on Economic Opportunity (CEO) HUD FannieMae Apartmentguide Troy Record (Real Estate & Rentals) Times Union (Rentals) Times Union (Homes)	690-0020 274-3050 272-6012 464-4200 270-4579 270-4584 270-4567 270-4579 www.tapinc.org www.ceo-cap.org www.hud.gov www.fanniemae.com www.apartmentguide.com Click Here Click Here Click Here
City of Troy's Directory of Community Services and Information Brochure This brocure has been prepared to assist you in getting answers about your community and its services. If you have further question, please contact us - download brochure.
Code Enforcement Inspections The Bureau of Code Enforcement's housing inspection program follows up on housing complaints and agency requests to assure that housing units are in compliance with the City of Troy.
Building Permits Permits are issued by the Bureau of Code Enforcement for new construction, alterations, repairs, swimming pools, siding and windows, barricades and signs. For a complete list of what requires a permit see the Homeowner's Guide to Assessments and Permits for Home Improvements. Permits that require plan review are issued on an appointment basis. Non-review permits such as barricade and siding permits may be issued on a walk-in basis. Permit fees are based on the City of Troy Permit Fee Schedule.
Trespass Affidavit Program This particular program is available to property owners who are having trouble with illegal activity in their building. Call Troy's community Services Bureau at (518) 270-4689.
Historic Districts The Troy City Council has designated as local historic districts a select group of neighborhoods whose architectural character reflects some particular aspect of our rich past.
Landlord Training Landlord training is a FREE four-hour workshop available to all landlords in the City of Troy, whether you are owner-occupant or investor-owner, whether you rent one apartment or many. Workshops are informal and interactive. Learn how to preserve and enhance your investment while renting in a challenging market. Informational materials will be provided. Call TRIP at 272-8289 or Troy's Community Services Bureau (51) 270-4689.
CEO Housing Rehabilitation and Energy Services The CEO Housing Rehabilitation and Energy Services provides weatherization, energy conservation and rehabilitation services to residents throughout the Capital Region. These services are provided to homeowners and tenant occupied homes. They include electrical, heating, plumbing, carpentry and accessibility. These services are also provided through the REACH Family Development Pilot. The goal is to make safe, affordable energy available to low-income families in a manner that strengthens their ability to make effective choices in a changing energy market. The CEO Small Cities Program expands these services to qualified residents in specific target areas in Troy. For more information contact the Commission on Economic Opportunity (CEO) at (518) 272-6012 or visited their website at www.ceo-cap.org/housing.html.