Overview
New York’s first land banks were established after passage of the New York Land Bank Act in 2011. These not-for-profit organizations partner with government entities to strengthen communities by acquiring, stabilizing, and facilitating the redevelopment of blighted and abandoned properties, returning them to productive use, and growing local property tax bases.
The NYS Budget has appropriated funding to support services and expenses of Land Banks and HCR allocates resources to the Land Banks. Funds have been made available for Land Bank operations and non-capital expenses as well as activities including property acquisition, building rehabilitation, development, stabilization, demolition, pre-development, and technical assistance.
Funding Round Materials
| Funding round has closed |
Forms
| Commitment & Disbursement of LBI Funds |
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| Designation of Depository for Direct Deposit of Funds Form |
| Authorized Signature Form |
| Disbursement Request Form |
| Project Detail Sheet |
| Project Commitment Log |