News Flash

City News

Posted on: July 27, 2018

Schenectady HOMES Program Reaches Major Milestone in Property Sales

Schenectady HOMES Program Reaches Major Milestone in Property Sales
City-owned property sales in 2018 already exceed entire previous year

SCHENECTADY – Mayor Gary R. McCarthy announced that the city’s Homeownership Made Easy in Schenectady (HOMES) Program reached a major milestone. Revenue from city-owned property sales in 2018 has already exceeded that of 2017. Last year, the city sold 89 properties for a total of $1.67 million in gross revenue. As of July, the city has sold 121 properties in 2018 alone, for a total of $1.84 million in gross revenue. Additionally, the city currently has sales pending on 67 other properties, worth over $841,000.

“We are extremely excited to be making such progress and to continue the success of our award-winning HOMES program here in the City of Schenectady,” Mayor McCarthy said. “This is a comprehensive community partnership that could not have been possible without the extraordinary team of real estate professionals, realtors, lenders, and community organizations we have assembled to help strengthen our neighborhoods and move our city forward.”

By the end of May, more city-owned properties had been sold in 2018 than all of 2017. The number of city-owned properties sold and the amount of revenue generated so far in 2018 has also surpassed that of 2016, in which 111 properties were sold for a total of $1.74 million in gross revenue.

“What these numbers show is that more and more people are looking to call Schenectady home,” Mayor McCarthy added. “With so many ongoing economic development initiatives – the renaissance of downtown, our waterfront at Mohawk Harbor, the investments in our parks, and numerous community partnerships – it is encouraging to see that our efforts are producing real results.”

For an updated list of city-owned properties for sale, please visit the city’s website at You can also contact the City of Schenectady Law Department at (518) 382-5073.

Schenectady’s HOMES Program will be hosting another City-Wide Open House for potential homebuyers this Sunday, July 29, 2018. Current residents and newcomers alike can find information on the Open Houses as well as other housing opportunities, financial assistance, and program offers at

For additional information about the HOMES Program City-Wide Open House, or information on available resources for homebuyers in the city, please contact Matthew Smith, Homeownership Coordinator, at (518) 382-5199 ext. 5393, or  

Additional Info...
Facebook Twitter Email

Other News in City News

2023 Annual Community Health Fair

Posted on: August 24, 2023
HUD HOUSE PARTY August 17th 2023

Home Owners House Party

Posted on: August 15, 2023

New York State Internet Survey

Posted on: June 26, 2023
Job Fair Picture

Community Job Fair April 27th

Posted on: April 12, 2023

Latest Round of CDBG-CV Funding

Posted on: April 10, 2023

Free Lead and Copper Testing Program

Posted on: April 6, 2023

Mayor McCarthy Declares State of Emergency

Posted on: December 17, 2020

City Of Schenectady 2021 Adopted Budget

Posted on: October 28, 2020

2020 City of Schenectady Adopted Budget

Posted on: October 30, 2019

Mayor Gary McCarthy's 2020 Proposed Budget

Posted on: September 30, 2019
8.23.19 Splashpad 35

New Spray Pad Launched at Woodlawn Park

Posted on: August 23, 2019

*Stockade Flood Warning Advisory*

Posted on: January 25, 2019

Thriving Neighborhoods Challenge Schedule

Posted on: September 24, 2018

Thriving Neighborhoods Challenge

Posted on: September 24, 2018

Engage For Health

Posted on: March 7, 2018

Notice To Residents

Posted on: October 13, 2017

Schenectady Bike Plan August 2017

Posted on: September 5, 2017

Commissioner Wayne Bennett's Services

Posted on: August 16, 2017

Commissioner Wayne Bennett's Services

Posted on: August 16, 2017