Troy Food Co-op Receives Troy Redevelopment Foundation Grant
The Foundation’s five member organizations—Rensselaer Polytechnic Institute, The Sage Colleges, Emma Willard School, Northeast Health, and Seton Health—comprise the largest non-profit organizations in Troy, employing thousands of area residents and blending the resources and expertise of community leaders in business, technology, academia, the arts, and medicine. The Foundation annually pledges a voluntary grant of $400,000, half of which is restricted specifically to the city’s general fund. The unrestricted half is used to support projects that encourage home ownership, business enterprise, community planning, technological advancement, capital improvements and marketing/development initiatives. TCFC was awarded a grant of $30,000 in recognition of its effort to develop a business that will spur economic growth in the City of Troy and provide a needed service. The grant will be used to partially offset expenses in lighting upgrades and marketing the co-op. On behalf of the member/investors, we extend our grateful thanks for the Troy Redevelopment Foundation’s support both in dollars and contributing to the quality of life in our area.
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