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March 24, 2017

Funds will be used to stimulate community revitalizations -
Oswego County Land Bank Is Awarded $1 Million Grant



OSWEGO - The Oswego County Land Bank Corporation announced today that the organization has been selected to receive a Land Bank Community Revitalization Grant. The award comes from a bank settlement agreement negotiated by New York State Attorney General Eric Schneiderman and will be managed by Enterprise Community Partners, Inc. It adds an additional $1 million to the local land bank as it enters its second year of existence and first year of actual operation in the community.

"The funds will help support two years of neighborhood revitalization initiatives and involve the acquisition and disposition of 40 or more properties throughout Oswego County," said County Legislator Shane Broadwell (District 17), President of the Oswego County Land Bank.

The Oswego County Land Bank is an authorized entity under the laws of the State of New York and governed by a board of directors who have knowledge and experience in community revitalization. Board members broadly represent urban and rural areas of the county with the specific mission to strategically transform blighted or vacant properties into appealing residential and productive commercial properties. These activities will in turn help to stimulate local planning, economic development, and neighborhood revitalization, and subsequently improve the quality of life in local communities throughout the county.

"We were very pleased to learn that Enterprise Community Partners found our grant application to be appealing and competitive," said Legislator Broadwell, who was the driving force behind the creation of the land bank. "As one of the newer land banks in the state, we were concerned that those who had been fully operational for the past few years would have a leg-up on the new land banks, and that these funds would be very difficult to come by.

"We are excited about all of the positive initiatives on the table here in the county, and we're eager to make neighborhood revitalization a part of the efforts to make Oswego County a better place to live,” added Legislator Broadwell.

Originally sponsored by the Oswego County Legislature in its application to the state, the directors of the land bank were appointed by Oswego County Legislature Chairman Kevin Gardner (District 13, New Haven).

“We appreciate the support of the Attorney General and the confidence that Enterprise has acknowledged in this new but vital organization within our community," said Legislature Chairman Gardner."We are working hard to be proactive in our efforts to make Oswego County a better place to live, work and raise a family, and we welcome these new partnerships as we move forward.”

To contact the Oswego County Land Bank, or visit the website at http://www.oswegocountylandbank.com/.


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