Homebuyer & Homeowner Resources

Homebuyer & Homeowner Resources Reference Guide

​Lead Safe Housing Program


The City of Schenectady’s Lead Safe Housing Program wants to make your house lead safe. The Lead Safe Housing Program gives qualified homeowners and landlords in the City of Schenectady free financial assistance to reduce and/or eliminate lead paint hazards in their properties,

Under the City of Schenectady’s Lead Safe Housing Program, you may be eligible to receive the following and more:
  • New energy efficient doors
  • New energy efficient windows
  • Sheetrock and painting
  • Vinyl siding
Click here for more information

New York State Neighborhood Revitalization Program

The Neighborhood Revitalization Program offered through the State of New York Mortgage Agency (SONYMA), offers up to $20,000 in rehab incentives as well as downpayment assistance to potential buyers who wish to purchase vacant properties in the City of Schenectady.  For more information on this program, please click here.  

The Homebuyer Dream Program

The Homebuyer Dream Program is a federally regulated set-aside program available through Member financial institutions of the Federal Home Loan Bank of New York. The Homebuyer Dream Program provides funds in the form of a grant to be used towards down payment and closing cost assistance to first-time homebuyers earning at or below 80% of the Area Median Income.  The maximum grant that a household may receive is up to $14,500, as determined by the Member.  Additionally, the Homebuyer Dream Program also offers up to $500 towards the defrayment of homeownership counseling costs. The amount of the defrayment will be added to the grant resulting in the potential maximum assistance of $15,000.  For more information on participating financial institutions, please contact Better Neighborhoods Inc. by using the link below.