On the market for about a year, a two-story, three-bedroom house built by Neighbors of Watertown at 122 Ten Eyck St. remains on the market — with no takers.

The Watertown Local Development Corp. agreed last week to lower the price again — this time to $189,900 — to drum up interest in the 1,600-square-foot house.

WLDC board members are blaming the difficulty prospective homeowners have in getting bank financing in the tough national economy. The home had been listed at $192,500; when it first went on the market, the price was $195,000.

If the house sells for the current asking price, the WLDC, Neighbors and the Development Authority of the North Country — the three agencies involved in the project — stand to lose $24,955, or about $8,300 each, said WLDC CEO Donald W. Rutherford.

DANC and the WLDC, also known as Watertown Trust, loaned money for the project. They put $170,000 toward the house, DANC officials said last year.

It may be “psychologically” easier for possible buyers to become interested now that the price is less than $190,000, Mr. Rutherford said.

In comparison, Mayor Jeffrey E. Graham, who serves as WLDC president, said he knows of a house on Thompson Boulevard selling for $200,000, but its lot is bigger and may be in a more popular area of the city.

Board members also may look into renting out the home instead of selling it. Board member Donald C. Alexander said rent-to-own may be another option.

The Ten Eyck Street project is considered “in-fill” housing, because it used an empty lot in an existing neighborhood.