2023 yearly review
Click on image to see full report
HOMEOWNERSHIP OPPORTUNITIES
2024-2025
59 Lander St under construction. Co-developer and General Contractor Carlos Carbonero gives a wave from the upper floor
(En español abajo)
We are renovating 4 currently vacant and abandoned properties as part of our Legacy City Access Program, funded by NY State Homes and Community Renewal, Orange County, and the Community Preservation Corporation. Phase I includes the full-scale renovation of two 3-family homes at 59 Lander St and 63 Lander St that are scheduled to be completed by June 2024. Each home includes a 2 bedroom duplex apartment on the 2nd and 3rd floors and a 1 Bedroom unit on both the ground and 1st floors. Phase II includes the full-scale renovation of 136 Lander St , a 3-family home, and 39 S Miller St, a 2-family home that will be completed June 2025.
We are not currently accepting applications. We have preliminarily selected buyers for 59 and 63 Lander. Appliations will be opened in the coming months for 136 Lander and 39 S. Miller. Please sign up for email alerts and stay tuned to our website and social media.
Income restrictions and occupancy requirements apply. Maximum income is $119,600, as per 2023 HUD Income Limits, for a household of 4 and is adjusted for family size. Households making 80% or less of area median income and first time homebuyers will be given preference.
80% Area Median Income for 2023 is:
1 person: $66,300, 2 people $75,750, 3 people: $85,200, 4 people: $94,650
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Estamos renovando 4 propiedades actualmente desocupadas y abandonadas como parte de nuestro Programa Legacy City Access, financiado por NY State Homes and Community Renewal, el Condado de Orange y Community Preservation Corporation. La Fase I incluye la renovación a gran escala de dos casas de tres familias en 59 Lander St y 63 Lander St que se completará en junio de 2024. Cada casa incluye un apartamento dúplex de 2 dormitorios en el segundo y tercer piso y una unidad de 1 dormitorio en Tanto la planta baja como la 1ª. La Fase II incluye la renovación a gran escala de 136 Lander St, una casa para tres familias, y 39 S Miller St, una casa para dos familias que se completará en junio de 2025.
Actualmente no aceptamos solicitudes. Hemos seleccionado preliminarmente compradores para 59 y 63 Lander. Las solicitudes se abrirán en los próximos meses para 136 Lander y 39 S. Miller. Regístrese para recibir alertas por correo electrónico y permanezca atento a nuestro sitio web y redes sociales.
Se aplican restricciones de ingresos y requisitos de ocupación. El ingreso máximo es de $119,600, según los límites de ingresos de HUD de 2023, para un hogar de 4 personas y se ajusta según el tamaño de la familia. Se dará preferencia a los hogares que ganen el 80% o menos del ingreso medio del área y a los compradores de vivienda por primera vez.
80% del ingreso medio del área para 2023 es:
1 persona: $66.300, 2 personas $75.750, 3 personas: $85.200, 4 personas: $94.650
NEWBURGH COMMUNITY LAND BANK AWARDED
$1.8 MILLION
to support AFFORDABLE HOMEOWNERSHIP AND RENTAL PROJECTs
NEWBURGH –The Newburgh Community Land Bank (NCLB) is pleased to announce the recent award by the Housing Trust Fund Corporation (HTFC) and NYS Homes and Community Renewal (HCR) of $1.8 Million. The funding was granted after a competitive application process open to all New York State Land Banks as part of the Land Bank Initiative Phase II.
According to HCR’s website, “New York’s first land banks were established after passage of the New York Land Bank Act in 2011. These nonprofit 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 2022-23 NYS Budget included $50 million to support services and expenses of Land Banks and HCR will allocate resources in two phases.”
The Land Bank Initiative is a new funding program set up to address vacant abandoned and distressed properties across the state. NCLB will be investing the monies in several projects in its North of Broadway target neighborhood, particularly on Lander Street, S. Miller and surrounding streets, where the land bank has already reactivated over 100 buildings and vacant lots.
Lisa Daily, Chair of the Newburgh Community Land Bank spoke enthusiastically about the recent award: “We at the Land Bank are excited to have been awarded this grant from the HTFC and the HCR. We have worked hard for the past ten years to stabilize and generate housing in the “NOBRO” area. This funding will afford us the opportunity to recharge our efforts to revitalize the City’s vulnerable housing stock, while adding new housing to long-dormant lots. I for one can’t wait to get started.”
As one of the first 5 land banks to form in the state in 2012, at a time when the City of Newburgh had over 700 vacant and distressed properties, NCLB celebrated its 10th anniversary last year. They were set up by the City of Newburgh and acquire most of their properties through direct sale from the City of Newburgh in bulk acquisitions once or twice a year. Their success is attributable to a multi-prong approach to address vacancy and severely deteriorated property through collaborations with individuals, private investors, and nonprofits.
Jennifer Welles, Executive Director of the land bank, explained that a lot of what land banks do is just remove some of the major barriers to redevelopment, such as taking care of the costly remediation and stabilization work required in the long vacant properties. This is even more critical to meet their mission of creating more affordable housing units. More than half of the repurposed properties in NCLB’s inventory were stabilized and remediated and then sold to Habitat for Humanity of Greater Newburgh and RUPCO, a Kingston based nonprofit affordable housing organization (130 units of housing between both organizations). Reducing the number of vacant properties in the North of Broadway neighborhood by at least a third, NCLB has created over 40 new homeowners, mostly through their partnership with Habitat and their own House to Home program. They have also worked with small private developers, such as Liberty Street Partners, which renovated 96 Broadway that includes affordable rental apartments and the popular and attractive eatery Mama Roux.
Welles expressed relief that “after a very uncertain time the last couple of years due to the global pandemic and the exhaustion of the initial source of land bank funding through the NYS Office of the Attorney General, we will be able to continue our work and complete all the projects in our pipeline over the next 18 months.” These include some of the following ambitious goals:
* Rehab 4 more homes for affordable homeownership with income producing rental units (11 units of housings)
* Acquire 5 vacant lots on Lander and plan for future owner-occupied housing (15-30+ units)
* Complete major stabilization and structural work in at least 2 long vacant homes on S. Miller and Dubois (6+ units)
* Acquire, clean-up and stabilize 3 vacant and severely deteriorated homes on Lander and engage an architect to design plans for affordable rental housing (12 units)
*Provide support to Habitat for Humanity to complete remediation work on 3 homes they will rehab for affordable homeownership on Third St. (3 homes)
* Maintain all their properties to be good neighbors and reduce dumping and other undesirable activities until future owners take over
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Click on image to open link to the full report - A Decade of Progress: Celebrating 10 Years of Land Banks in New York
celebrating
10 years
We are proud of what we have accomplished since our founding in 2012. Together with our partners, we have transformed dozens of vacant and deteriorated properties into productive community assets.
Here are some of the highlights:
• 123 properties acquired in the East End Historic District
• 113 properties activated and restored
• ~300 units of housing generated
• Over $10.6 million raised in grant funding
• Over $84 million leveraged in private and public dollars
• Over $17.8 Million in assessed value returned to tax rolls
• 85% of units have affordability requirements
• 40 owner occupants- mostly first time homebuyers
• More than 33% reduction in vacancy in target neighborhood
• Stimulated improvements & investment in the surrounding neighborhood
In addition to our building projects we also:
Incubated Downing Park Urban Farm and helped develop green space on Broadway
And developed an innovative award winning creative placemaking Artist in Vacancy program
Please consider donating to our land bank, which is a 501(c)3 nonprofit corporation, to help further our mission of improving our community for all.
