Troy Rehabilitation & Improvement Program, Inc.

Street Address:
415 River Street
Troy, NY 12180


Phone: 518-272-8289
Fax: 518-272-1950
Website: 

Patrick Madden, Executive Director

Contact Name: Patrick Madden
Phone: 518-272-8289
Fax: 518-272-1950
Email: patrick@triponline.org


Staff Size: Full Time: 21    Part Time: 4

Background
Founded in 1968 by a group of individuals who believed in the principle of community initiative and that it was in their self-interest to actively work to improve their communities and neighborhoods. Troy Rehabilitation and Improvement Program's (TRIP) board and staff today reaffirm that belief and strive to bring public and private resources to bear in a manner that does not create or support unnecessary dependencies.

Mission
To enable individuals and families to live in desirable, sustainable neighborhoods.

Total Operating Expense (9/30/2007): $1,597,218

 Lines of Business
  • Asset and Property Management

  • Community Building and Organizing

  • Home Ownership Preservation

  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Campaign for Home Ownership
  • NeighborWorks Community Building and Organizing
  • NeighborWorks Multifamily Initiative
  • NeighborWorks Rural Initiative

    • Accomplishments in FY 2008
  • Provided 68 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 41 rental or owner occupied units (1-4 units).
  • Assisted 57 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 196 rental units.
  • Invested $ in the community through Troy Rehabilitation & Improvement Program, Inc.'s revolving loan fund, which leveraged $6,333,988 from conventional lenders and other sources.
  • Total direct investment in the community is $6,333,988.

    • Additional Accomplishments
    Date Additional Accomplishment
    1/17/2001 Developed an environmental training program which provides unemployed and under-employed community residents intensive training and certifications in the field of environmental hazard remediation.
    1/17/2001 Managed 294 residential rental units and provided home repair service to 234 senior households.
    1/17/2001 Offered landlord training programs and developed and offered a tenant training program.
    8/3/2006 In 2005, the TRIP NeighborWorks Home Ownership Center counseled 716 individuals (resulting in an average 73 point increase in credit scores to 729); had 403 attendees at orientation sessions; graduated 104 people from homebuyers clubs; assisted 43 new home buyers; prevented 21 foreclosures; provided landlord training to 132 people. TRIP also maintains an inventory of 206 rental units located in sixty-six scattered site buildings. Kitchen and bathroom upgrades being made to many of them. New community garden created through resident leadership activities.

    Community Services
  • Community Building

  •  Clean-up Project

  •  Community Outreach and Organizing

  •  Leadership Training

  •  Neighborhood Festivals

  • Financial Planning and Assistance

  •  Down-payment Assistance

  •  Financial Education

  •  Foreclosure Prevention Training

  •  IDA Savings Program

  •  Reverse Mortgage

  • Green Building and Home Improvement

  •  Home Maintenance Training

  • Housing Programs and Home Ownership Counseling

  •  Home Ownership Center

  •  Home Ownership Counseling

  •  HomeBuyers Club

  •  Housing for Homeless

  •  Rental Housing

  •  Section 8 Housing


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Lynn BradleyBoard MemberFinancial Institution VP
    Michelle BurtonBoard TreasurerBusinessState Farm 
    Amy FaccaBoard MemberResident Planner
    Joseph FlemingBoard PresidentFinancial InstitutionPioneer Savings BankChief Lending Officer
    Barbara HigbeeBoard MemberResident Self-employed
    Robert MacLaskoBoard SecretaryFinancial InstitutionSEFCUExec. VP, Lending
    Lynne MahoneyBoard MemberState GovernmentNYS AssemblyResolution Unit Supervisor
    Kieley MichasiowBoard MemberResident  
    Mike StewartBoard MemberBusinessTurner ConstructionProject Manager
    Katherine YoungBoard MemberBusinessHeer Realty 

    About the NeighborWorks ® Network
    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

    NeighborWorks ® America Contact Information
    District:  Northeast
    Name:  Leonora Davis
    Phone:  212-269-6553x29
    Toll-Free:  
    Fax:  
    Email:  ledavis@nw.org