Mayor Madden Announces $4.5M Proposal for Distribution of Economic Recovery Funds for Local Projects, Programs and Initiatives through the American Rescue Plan

Mayor Madden Announces $4.5M Proposal for Distribution of Economic Recovery Funds for Local Projects, Programs and Initiatives through the American Rescue Plan

$4.5M has been planned for distribution by the City to help support construction of affordable housing, combat blight in Troy’s neighborhoods, and invest in City’s computer and cybersecurity infrastructure systems

Mayor Madden: distribution of ARP funds will help our City’s economic recovery and build strong foundation for advancing additional programs and projects

City of Troy provided $42.8M in federal emergency stimulus funds under the American Rescue Plan (ARP)

TROY, NY (September 16, 2021) – Mayor Patrick Madden along with the city’s American Rescue Plan (ARP) Steering Committee today announced the latest round of local initiatives funded through federal emergency stimulus funds. The Mayor has forwarded legislation to the City Council for their approval for approximately $4.5M allocated to the City of Troy through the ARP funding. These monies will support the construction of modern affordable housing, fund demolitions of abandoned and blighted properties in Troy’s neighborhoods, and invest in the City’s computer systems and cybersecurity infrastructure.

Mayor Madden said, “We are thrilled to begin the distribution of stimulus funds provided under the American Rescue Plan to assist in our economic recovery in the wake of the pandemic. These funds will help build a new foundation to help move forward additional programs and initiatives that will benefit our residents, our neighborhoods, and entire community. We thank President Biden, U.S. Senate Majority Leader Schumer, Senator Gillibrand, Congressman Tonko and all our federal partners for advancing this vital economic recovery program to help build Troy back better, stronger, and more resilient for the benefit of future generations of Trojans.”

In addition, the City will establish advisory committees in the coming weeks to assist in community outreach to create programs for the distribution of Troy’s remaining ARP stimulus funds. Committees will consist of community members, neighborhood representatives, businesses, institutions and government agencies that will help identify, outline and create programs that provide opportunity for city residents consistent with guidelines for allowable uses of ARP funding.

The following projects have been funded under the first round of the City’s ARP appropriation:

  • Demolition of Taylor Apartments 1 & 2 ($2M) – ARP funds will support the demolition of the vacant Taylor Apartment towers 1 & 2, located at the intersection of Congress and River Streets and a major gateway into the city. This is the first step in a multi-phase, multi-year project to redevelop all former and existing THA facilities along Troy’s waterfront. This major redevelopment project will transform the current facilities into a modern, mixed-use community with expanded and improved public space and amenities along the riverfront. The Taylor Apartments redevelopment project is a partnership with the Troy Housing Authority (THA) and Pennrose.

    Deborah Witkowski, Troy Housing Authority Executive Director, said “The demolition of Buildings 1 & 2 of Taylor Apartments is something we have wanted to accomplish for many years but were unable to do so because of limited monetary resources. We are very grateful to Mayor Madden, the City of Troy, and our Federal representatives for the allocation of the American Rescue Plan Funding for this project which will help us commence demolition and expedite the revitalization of the entire Taylor Apartments location.”

    Mayor Madden said, “Maintaining a diverse mix of housing options for residents of all income levels is vital to maintaining healthy, stable communities and neighborhoods. This project will assist the Troy Housing Authority undertake a major modernization & revitalization of our community’s affordable housing stock to help meet demand and provide quality housing opportunities for local families.”

  • Property Demolitions ($1M) – funding will support the demolition and removal of vacant and blighted City-owned buildings in neighborhoods across Troy, including emergency demolitions to protect the health & safety of Troy residents & families. The City’s Department of Engineering and Bureau of Code Enforcement will assist in determining sites.

    Mayor Madden said, “Blighted, vacant buildings are detrimental to the quality of life of many of our neighborhoods, and remain a source of concern and frustration for residents and families. ARP funds will accelerate the removal of these eyesores, a necessary step in building our neighborhoods back better.”

  • Technology Upgrades ($1.5M) – ARP funds will be utilized to upgrade and improve the City’s payroll and accounting systems to modernize the financial operations of the city. $250,000 of this allocation is earmarked for critical hardware and cybersecurity infrastructure upgrades under the City’s Bureau of Informational Services (BIS). These upgrades will help protect the city against potential ransomware and other cyber-attacks, enhance the city’s cyber preparedness, and protect public data and information.

    Mayor Madden said, “Upgrades to Troy’s payroll, accounting, and other financial management systems will further assist our efforts to rebuild and solidify the City’s long-term financial condition, and harden our digital infrastructure against possible cyberattacks. With the help of ARP funds, we can protect taxpayers and build a more resilient IT infrastructure system that will benefit not just this administration, but future city administrations, staff, and residents.”

The City of Troy was awarded $42.8M in federal emergency stimulus funds under the American Rescue Plan, a critical federal initiative that provided direct financial relief to local governments who had been impacted by the COVID-19 pandemic.

Council President Carmella Mantello said, “This is a once in a lifetime opportunity. These proposals begin to build the foundation for healthy neighborhoods and parks, restoring infrastructure, and creating opportunities for investment and partnerships in our community. I look forward to working with our neighborhood associations, youth, residents and businesses to ensure these monies are going into our neighborhoods and investing in Troy’s future.”

Council Pro Tem Ken Zalewski said, “I am pleased to support the distribution of American Rescue Plan funds for these important initiatives and projects in the Collar City. I thank Mayor Madden and his administration for engaging the City Council in this effort to revitalize our neighborhoods and strengthen our City’s future, and I am eager to continue collaborating with the administration and the public on the implementation of programs funded through the ARP to assist in Troy’s economic recovery from COVID-19.”

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Press Contact:
John Salka, Communications Director
[email protected] / (518) 279-7131

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About the City of Troy:

Incorporated in 1816, the City of Troy is the seat of Rensselaer County government and the county’s largest municipality by population. Situated on the eastern bank of the Hudson River, the City boasts seven miles of waterfront, a largely-preserved historic downtown, diverse neighborhoods, and several major colleges and universities. Troy’s history as the nation’s largest manufacturer of detachable cuffs and collars earned the City’s nickname “the Collar City.” A former steel & iron manufacturing powerhouse of the 19th and early 20th century, the City is now home to a growing hub of tech, video game development, restaurants, and retail.

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