land banks

Rochester Land Bank to try to get more properties on the tax rolls

Kate O'Connell — Thu, 07 Mar 2013 21:03:29 +0000

The City of Rochester has been given state approval to establish one of the state’s ten Land Banks. The city’s Land Bank will support the acquisition of vacant, tax-delinquent properties which will then be renovated and sold through the HOME Rochester program. The aim is to also get more properties back on the tax rolls.

Report says more collaboration needed in upstate revitalization

Ryan Delaney — Fri, 15 Feb 2013 13:50:28 +0000

More collaboration is needed between the several efforts under way to revitalize upstate New York's "legacy cities," says a report released this week by a public affairs institute.

Syracuse approves plan to share funds with new land bank

Ryan Delaney — Tue, 18 Dec 2012 12:36:13 +0000

The Syracuse Common Council voted Monday to give the city's newly formed land bank a loan for startup costs and to share property tax revenue so the land bank can function over the long term, but some felt the details of those plans left a lot to be desired.

Funding structure for Syracuse's land bank slightly clearer

Ryan Delaney — Thu, 13 Dec 2012 11:07:00 +0000

It began sending out foreclosure notices for the first time last month, but a long-term funding source for Syracuse and Onondaga County's newly formed land bank is just starting to come into focus; though some details remain to be worked out.

Council wants to kick-start land bank operations

Ryan Delaney — Tue, 04 Dec 2012 17:12:00 +0000

The Syracuse Common Council has proposed loaning the newly formed city-county land bank money so it can begin operating in earnest, but questions remain on the availability of those funds.

200 Foreclosure notices sent out Monday in Syracuse

Durrie Lawrence — Mon, 19 Nov 2012 10:40:08 +0000

A newly-established land bank sent out 200 foreclosure notices in Syracuse on Monday. The land bank is one of five approved by the state earlier this year, as part of an effort to reduce the number of neglected properties and to add to property tax rolls.

State audit critical of Syracuse hiring practice

Ryan Delaney — Thu, 18 Oct 2012 20:35:03 +0000

An audit released Thursday morning by a state oversight board is critical of a hiring practice long-used by the city of Syracuse to get around civil service requirements.

Funding uncertain as new "land banks" move forward

Ryan Delaney — Tue, 18 Sep 2012 20:11:16 +0000

Newly formed "land banks" in upstate New York are moving forward, despite uncertainties on just how they'll work - or be funded. The quasi-public entity in Syracuse recently presented a plan to the city to begin foreclosing on its approximately 3,900 vacant and tax delinquent properties, but there are still unanswered questions.

Syracuse "land bank" faces tall order: 3,300 tax-delinquent properties

Ryan Delaney — Fri, 18 May 2012 23:44:00 +0000

The city of Syracuse has a new tool it hopes will reduce the number of vacant and tax-delinquent properties.

This week the state gave the OK for Syracuse and Onondaga County to create one of the first five "land banks" in New York State.

The new agency has plenty to work on.

There are 3,300 delinquent plots in the city of Syracuse alone.