Albany land bank program offers mentoring for first-time home buyers
The Albany County Land Bank recently introduced a new pilot program designed to create more first-time homeowners in neighborhoods that have a more robust rental population. The Equitable Ownership Pilot Program will pair buyers with a rehab mentor and other resources to help them through the process of renovating their first home.
“This is our attempt to use our abilities, powers and resources to give a boost to people and increase home ownership in our focus neighborhoods,” Executive Director Adam Zaranko said.
For a closer look at the program details, visit the Land Bank's website. Read the Albany Times Union article featuring the program here.