RealEstateRama Tags Posts tagged with "Housing Crisis"
Tag: Housing Crisis
Attorney General Eric T. Schneiderman today announced $20 million in new funding, to be administered by Local Initiatives Support Corporation (LISC) and Enterprise Community Partners, Inc. (Enterprise), for New York State land banks that are working to protect homeowners and neighborhoods across the state by acquiring blighted homes and transforming them into community assets.
BUFFALO - October 31, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced more than $12.4 million in grant funding for land banks in Erie County/Buffalo, Rochester, Syracuse, Chautauqua County, Newburgh, and Suffolk County. The grants represent the first round of competitive funding awards under the Attorney General’s Land Bank Community Revitalization Initiative. This two-year, $20 million program provides funds from last year’s National Mortgage Settlement with the nation’s largest banks to help communities rebuild and restore neighborhoods hit hard by the housing crisis