Albany County Land Bank closes on its first Legacy City project

The Legacy City Access Program connects the Albany County Land Bank Corporation with MWBE enterprises to rehabilitate existing buildings into necessary housing.

The Albany County Land Bank, JKE Development LLC, Community Preservation Partners (CPC) and New York State Homes and Community Renewal (NYSHCR) recently closed on Albany County’s first Legacy City Access Program project. This project will result in the rehabilitation of three residential buildings located in the City of Albany.

“We are thrilled to announce this key milestone for the Legacy City Access Program here in Albany,” said Albany County Land Bank Corporation Executive Director Sean Maguire. “This step continues to advance our work to repurpose and rehabilitate these underutilized neighborhood assets and get them into the hands of new homeowners.”

“The Albany County Land Bank Corporation remains a crucial partner for community development and continues to help us revitalize neighborhoods,” said Albany County Executive McCoy. “The Legacy City Access program is the perfect example of the good being achieved, transforming underutilized properties so that individuals and families can realize the dream of home ownership.”

The project will provide essential resources to JKE Development, a minority- and women-owned business enterprise (MWBE), to facilitate the rehabilitation of three two-family buildings in Albany. Upon completion, these homes will be made available to income-qualified first-time homebuyers at an affordable price.

“We are excited to partner on the Legacy City Access Program project,” said Jermaine White of JAW Housing. “By transforming these properties, we are providing affordable housing for first-time homebuyers and contributing to the growth of the Albany community. Our collaboration, combined with our extensive portfolio, underscores our ongoing commitment to neighborhood revitalization.”

The project includes the following:

• 185 Second Street. Each unit includes three bedrooms and one bathroom; laundry facilities are included in both units.

• 26 Beverly Street. Each unit includes two bedrooms and one bathroom; laundry facilities are included in both units.

• 382 First Street. Each unit includes two bedrooms and one bathroom; laundry facilities are included in both units.

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CPC, a State-wide Community Development Financial institution (CDFI) is providing the loan for this project and NYSHCR is providing $150,000 per unit of subsidy for this project which will total more than $1.2 million of critical investment into two of Albany’s great neighborhoods.

If you or somebody you know are interested in becoming a first-time homebuyer and purchasing one of these homes, Affordable Housing Partnership (AHP) has been tasked with getting first-time homebuyers buyer-ready by providing first-time homebuyer counseling, qualifying buyers for grants, and connecting buyers with mortgage providers. You can find more information on their programs on its website.

Furthermore, the Albany County Land Bank is committed to supporting buyers by connecting them with additional resources. Qualified buyers can apply through our first-time homebuyer program on the Albany County Land Bank website.

August 2024 property sales cycle is now open

The August 2024 property sales cycle is now open. It is the policy of the Land Bank that all prospective buyers are required to physically view buildings prior to making a purchase offer. To book a showing with us, please book an appointment below.

We encourage applicants to find a realtor who is able to assist them in accessing properties outside our availability. Please note, the submission of your application will prompt it to move forward through our process within 90 days.

Important information about property sales

The August 2024 property sales list is listed below. Purchase applications for the properties listed must be submitted digitally (via email to applications@albanycountylandbank.org) or USPS:

Albany County Land Bank Corporation
111 Washington Avenue, Suite 100
Albany, New York 12210

Applicants are strongly recommended to submit applications via email. In order to be considered, all purchase applications submitted by email must be received NO LATER THAN TUESDAY, JULY 30, 2024 BY 2:00 PM. Applicants are strongly encouraged to submit applications digitally via email. It is the sole responsibility of the applicant to ensure applications are received by the submission deadline. The Land Bank is not responsible for any applications that are not received due to delayed mail delivery or technical issues related to fax or email submission. Applicants may contact the Land Bank’s office at (518) 407-0309 to confirm receipt of an application.

All applications must be submitted as a fully legible .pdf and if handwritten, must be a scanned original photocopy sent through email. If submitting your application by mail, the original copy of the application is required. Failure to abide by these requirements may result in the rejection of your application.

August Property Sales List! 

Applications for all of the following properties are due no later than Tuesday, July 30, 2024 by 2:00 pm

Please Note: Eligible vacant lots for the Lots for Less Program are accepted on a rolling basis. For a list of eligible Lots for Less properties and additional eligibility requirements, please visit www.albanycountylandbank.org/lotsforless.

Available Buildings

• 1310 5th Avenue (Watervliet)

Available Land

• 2 Batcher Street (49’x20’), City of Albany

• 81 Delaware Street (33’x66’), City of Albany

• 83 Delaware Street (33’x66’), City of Albany

• 85 Delaware Street (33’x66’), City of Albany

• 250 Catherine Street (30’x100’), City of Albany

July 2024 property sales cycle is now open

The July 2024 property sales cycle is now open. It is the policy of the Land Bank that all prospective buyers are required to physically view buildings prior to making a purchase offer. To book a showing with us, please book an appointment below.

We encourage applicants to find a realtor who is able to assist them in accessing properties outside our availability. Please note, the submission of your application will prompt it to move forward through our process within 90 days.

Important information about property sales

The July 2024 property sales list is listed below. Purchase applications for the properties listed must be submitted digitally (via email to applications@albanycountylandbank.org) or USPS:

Albany County Land Bank Corporation
111 Washington Avenue, Suite 100
Albany, New York 12210

Applicants are strongly recommended to submit applications via email. In order to be considered, all purchase applications submitted by email must be received NO LATER THAN TUESDAY, JUNE 25, 2024 BY 2:00 PM. Applicants are strongly encouraged to submit applications digitally via email. It is the sole responsibility of the applicant to ensure applications are received by the submission deadline. The Land Bank is not responsible for any applications that are not received due to delayed mail delivery or technical issues related to fax or email submission. Applicants may contact the Land Bank’s office at (518) 407-0309 to confirm receipt of an application.

All applications must be submitted as a fully legible .pdf and if handwritten, must be a scanned original photocopy sent through email. If submitting your application by mail, the original copy of the application is required. Failure to abide by these requirements may result in the rejection of your application.

July Property Sales List! 

Applications for all of the following properties are due no later than Tuesday, June 25, 2024 by 2:00 pm

Please Note: Eligible vacant lots for the Lots for Less Program are accepted on a rolling basis. For a list of eligible Lots for Less properties and additional eligibility requirements, please visit www.albanycountylandbank.org/lotsforless.

Available Buildings

• 36 Beverly Avenue

• 50 Second Avenue*

• 48 Second Avenue*

*-Only available through ACLB’s first-time homebuyer program.

Available Land

• 11 Lexington Avenue (25’x75’)

• 307 Third Street (22’x130’)

• 31 Ontario Street (25’x110’)

• 540 Clinton Avenue (24’x113’)

• 311 First Street (28’x114’)

• 110 Alexander Street (25’x50’)

• 585 Third Street (30’x133’)

• 1336 7th Avenue (45’x100’)

June 2024 property sales cycle is now open

The June 2024 property sales cycle is now open. It is the policy of the Land Bank that all prospective buyers are required to physically view buildings prior to making a purchase offer. To book a showing with us, please book an appointment below.

We encourage applicants to find a realtor who is able to assist them in accessing properties outside our availability. Please note, the submission of your application will prompt it to move forward through our process within 90 days.

Important information about property sales

The June 2024 property sales list is listed below. Purchase applications for the properties listed must be submitted digitally (via email to applications@albanycountylandbank.org) or USPS:

Albany County Land Bank Corporation
111 Washington Avenue, Suite 100
Albany, New York 12210

Applicants are strongly recommended to submit applications via email. In order to be considered, all purchase applications submitted by email must be received NO LATER THAN TUESDAY, MAY 28, 2024 BY 2:00 PM. Applicants are strongly encouraged to submit applications digitally via email. It is the sole responsibility of the applicant to ensure applications are received by the submission deadline. The Land Bank is not responsible for any applications that are not received due to delayed mail delivery or technical issues related to fax or email submission. Applicants may contact the Land Bank’s office at (518) 407-0309 to confirm receipt of an application.

All applications must be submitted as a fully legible .pdf and if handwritten, must be a scanned original photocopy sent through email. If submitting your application by mail, the original copy of the application is required. Failure to abide by these requirements may result in the rejection of your application.

June Property Sales List! 

Applications for all of the following properties are due no later than Tuesday, MAY 28, 2024 by 2:00 pm

Please Note: Eligible vacant lots for the Lots for Less Program are accepted on a rolling basis. For a list of eligible Lots for Less properties and additional eligibility requirements, please visit www.albanycountylandbank.org/lotsforless.

Available Buildings

• 147 Melrose Avenue

• 318 Sherman Street

• 516 Yates Street

Available Land

• 1A Admiral Street (19’x150’)

• 15A Jones Drive (30’x126’)

• 402 Madison Avenue (22’x72’)

• 311 First Street (28’x114’)

• 585 Third St (30’x133’)

• 793 Livingston Ave (25’x110’)

• 172 Orange St (21’x99’)

• 22 Albany Street (22’x75’)