Newburgh Community Land Bank secures additional funding for affordable homeownership
NEWBURGH – Enterprise Community Partners has released additional funding for New York State land banks working to protect homeowners and neighborhoods by acquiring and transforming blighted homes into community assets.
The Newburgh Community Land Bank, established in 2012, has leveraged those funds to restore over 100 vacant properties in the City of Newburgh providing affordable rental and homeowner opportunities.
Now, the land bank has received an additional $475,000 to continue its efforts.
Mayor Torrance Harvey said the city is “excited to continue our collaboration with the land bank on our very important mission of improving the housing conditions in our city, especially now more than ever due to the effects of our current healthcare crisis in America.”
NEWS STORY PROVIDED BY: Mid Hudson News -www.midhudsonnews.com