The City of Rochester formed a land bank to give officials some flexibility in addressing vacant, abandoned, and tax delinquent houses in its neighborhoods. But fulfilling that mission requires money. | Enter the state Attorney General’s Office, which is taking $20 million from New York’s share of a nationwide mortgage lender settlement and distributing it […]
land bank
Posted inNews & Opinion
City gets land bank approval
The City of Rochester has received state approval to form a land bank. Earlier this month, city officials submitted an application to Empire State Development, seeking to form the nonprofit Rochester Land Bank Corporation. The land bank will acquire vacant, abandoned, and tax-delinquent properties in the city and then turn them over to the Greater […]
Posted inNews & Opinion
City officials advance land bank proposal
City officials are asking the state for permission to form a land bank, an entity it’d use to help address vacant, abandoned, and tax-delinquent properties. This morning, Mayor Tom Richards announced that the city has submitted a formal application to Empire State Development, the state’s economic development agency. The application proposes creating the Rochester Land […]
Posted inNews & Opinion
City Council advances land bank legislation
When City Council meets next Tuesday, it’ll take up legislation to form a land bank corporation. Last night, a Council committee voted unanimously to advance the legislation. No members asked questions on the proposal. Land banks are new to New York State, but several are now up and running, including one in greater Buffalo. The […]
Posted inNews & Opinion
Land bank concept gains traction at City Hall
City of Rochester officials are taking steps toward setting up a land bank, a not-for-profit entityintended to serve as a tool to address vacant properties. Last year the state passed legislation authorizing 10 land banks across New York. Earlier this year it signed off on five, including one in Erie County. (Artvoice has an article […]
