town-of-rochester-meeting-minutes-2024-12-17_2a6.pdf
$2.5M Grant for Vacant Rental Rehabilitation Program Approved
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Description
Rochester City Council authorized a $2.5 million agreement with New York State Housing Trust Fund Corporation to fund the Vacant Rental Improvement Program over two years, aiding rehabilitation and conversion of vacant rental units.
Contract Details
Contract Amount
$2,500,000 grant
Vendor
NEW YORK STATE HOUSING TRUST FUND CORPORATION
Agency
Town of Rochester, IN
Contract Type
FINANCIAL_SERVICES
Document Date
December 17, 2024
Contract Term
Two years, with option to extend for one additional year
Renewal Date
2027-12-17
Renewal Info
Option to extend for one additional year beyond initial two-year term.
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