Earlier this month, the NYS Attorney General Barbara Underwood announced almost $26 Million had been awarded to land banks across New York. This funding will allow NYS land banks to continue their work returning vacant and abandoned properties to productive use.
“Land banks are a pivotal part of revitalizing and rebuilding neighborhoods across the state,” said Attorney General Underwood. “Thanks to funding secured by my office’s settlements with the big banks, we’ve been able to invest in cities and towns across New York still recovering from the foreclosure crisis.”
Read the full press release here.