Together, we’re building 100 new homes for first-time homebuyers in Albany
Over five years, Habitat for Humanity Capital District and the Albany County Land Bank will develop 100 new affordable homes in the City of Albany and sell them to qualified, first-time homebuyers. Habitat will build on its 30+ years of home construction and homebuyer recruitment, qualification and education. ACLB will bring its experience as the top performing land bank in the state and its track record in spearheading transformative projects to revitalize Albany’s distressed neighborhoods.
The estimated cost for 100in5 is $28 million across three phases of construction, which includes selective building demolition and the rehab or construction of 100 affordable homes in priority clusters that align with current and planned public, private and nonprofit investments and are located in Qualified Census Tracts and historically-redlined neighborhoods. 100in5 will address the history of bank redlining, housing discrimination and disinvestment in Albany. Further, 100in5 will create a foundation for the city’s equitable growth by transferring property back into resident control and stabilizing neighborhoods against future displacement.
Completed homes
149 Sheridan Avenue
153 Sheridan Avenue
155 Sheridan Avenue
182 Orange Street
184 Orange Street
186 Orange Street
188 Orange Street
190 Orange Street
192 Orange Street
Homes in progress
820 Manning Blvd
822 Manning Blvd
824 Manning Blvd
826 Manning Blvd
828 Manning Blvd
830 Manning Blvd
360 Sheridan Ave (ACLB)
This project is being supported, in part, by a federal award made to the City of Albany, New York, by the U.S. Department of Treasury. Read more about the transformational American Rescue Plan Act award from the City of Albany.
Other funders include the CDBG Cares Program, New York State’s Legacy Cities Initiative, Touhey Homeownership Foundation, Albany Community Development Agency, Enterprise Community Partners, New York State’s Downtown Revitalization Initiative, The Business for Good Foundation and Federal Home Loan Bank of New York.
