Developer Hopes Project Will Revitalize Neighborhood

A nonprofit urban housing developer is rebuilding dilapidated but historic homes into apartments for low-income working families in downtown Albany, NY neighborhood.

June 11, 2003, 12:00 PM PDT

By Abhijeet Chavan @

"Betts has been directing the rebuilding of 11 dilapidated but historic homes into apartments for low-income working families. Begun in November, it is the first development project in New York state for The Community Builders Inc., the largest nonprofit urban housing developer in the nation. The group, which has rehabilitated more than 14,000 homes in six states since the 1970s, took over the project in late 2000 after a private developer failed to line up enough state aid."

Thanks to Sam Gold

Monday, June 9, 2003 in Times Union

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