Albany County Land Bank Corporation
The Albany County Land Bank was established in 2014 by Albany County to facilitate the process of acquiring, improving, and redistributing tax-foreclosed, vacant or abandoned properties. The Land Bank is a nonprofit organization committed to revitalizing neighborhoods and strengthening communities throughout Albany County. The Land Bank uses grant funding to support property demolitions, acquisitions, stabilizations, lot improvements, and rehabilitation projects and works in partnership with state and local government, non-profits, residents, community groups, and responsible developers and investors to return properties to productive use and support community development.
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2025
2025 Approved Budget and 5-Year Projection
2024
2024 Annual Budget | 2024-2029 Projected Budget
2023
2023 Certified Financial Statements and Independent Auditor’s Report | 2023 Required Communications
2023 Annual Budget | 2023-2028 Projected Budget
2023 Annual Report | 2023 Investment Report
2022
2022 Annual Budget | 2022-2027 Projected Budget
2022 Certified Financial Statements and Independent Auditor’s Report | 2022 Required Communications
2021
2021 Annual Budget | 2021-2026 Projected Budget
2021 Certified Financial Statements and Independent Auditor’s Report | 2021 Required Communications
2020
2020 Annual Budget | 2020-2024 Projected Budget
2020 Certified Financial Statements and Independent Auditor’s Report | 2020 Required Communications
2019
2019 Annual Budget | 2019-2024 Projected Budget
2019 Certified Financial Statements and Independent Auditor’s Report | 2019 Required Communications
n.b. In January 2019, the fiscal year changed to calendar year.
FY 2018 - 2019
2018 Certified Financial Statements and Independent Auditor’s Report (six-month period ended December 31, 2018) | 2018 Required Communications (six-month period ended December 31, 2018)
FY 2017 - 2018
2017-2018 Certified Financial Statements and Independent Auditor’s Report | 2017-2018 Required Communications
FY 2016 - 2017
2016-2017 Certified Financial Statements and Independent Auditor’s Report | 2016-2017 Required Communications
FY 2015 - 2016
2015-2016 Certified Financial Statements and Independent Auditor’s Report | 2015-2016 Required Communications
FY 2014-2015
2014-2015 Certified Financial Statements and Independent Auditor’s Report | 2014-2015 Required Communications
For reports not shown here, please contact the Albany County Land Bank Corporation.
ACLB Holdings, LLC
ACLB Holdings, LLC is a New York single member limited liability company formed by the Albany County Land Bank Corporation in accordance with Article 1607 of the New York Not-for-Profit Corporate Law (NYS Land Bank Act) which permits New York State land banks to organize a subsidiary for a project or projects which the land bank has the power to pursue under the law when the primary reason for which the subsidiary shall be organized shall be to limit the potential liability impact of the subsidiary’s project or projects on the land bank.