Monday, August 04, 2008

Albany Midtown Homeownership Program

This Wednesday, August 6th, the City of Albany, Citizens Bank, Albany
Medical Center, The College of Saint Rose, The University at Albany,
Albany Law School, Albany College of Pharmacy and The Sage Colleges are
hosting an event to promote the Midtown Homeownership Program. The
event will take place from 4:00 - 7:00 p.m. in front of Albany Law
School at 80 New Scotland Avenue (the corner of Holland and New
Scotland) to provide information about the program and promote living in

The residents of Albany, the City and its partners would
like to help spread that message and encourage potential buyers to
consider Midtown for their new home. The Council of Albany Neighborhood Associations (CANA) will have representatives there from each of the participating institutions as well as realtors with listings in the area tabling to show off their Midtown properties. Local restaurants will bring samples of their food, donate gift certificates for raffle, or simply provide menus to hand out or display. The Capital District Transportation Authority (CDTA) will be there to promote the wonderful multi-modal, gas-saving, environmentally-friendly transportation available when living in an urban neighborhood as well as to tout their free-pass partnership with the Midtown Homeownership Program. The Affordable Housing Partnership of the Capital Region (AHP) , Albany Community Development Agency (ACDA) and several other well-known and well-loved acronyms will be represented as well.

Strong levels of homeownership are proven to increase the stability and
quality of life of any neighborhood. This program, which provides a
$5,000 forgivable loan toward downpayment and closing, has been
contributing to that goal since 2005. It has already added 50 new
homeowners to your communities. CANA is excited to re-energize and expand
the program, and hope you'll be there to spread good news
about Midtown.

Posted on behalf of CANA

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