REQUEST FOR LETTERS OF INTEREST
In 2017, Newburgh Community Land Bank (NCLB) received funding from Local Initiatives Support Corporation to facilitate the return of vacant and abandoned properties to productive use in downtown Newburgh. This funding will directly enable the creation of rental and homeownership opportunities through progressive partners that foster social and economic opportunities in addition to new housing units.
To date, NCLB has created a pipeline of approximately 115 units of homeownership and rental housing. There is currently one project with 45 units of housing under construction primarily financed through the use of Historic Tax Credits and Low Income Housing Tax Credits. Looking ahead, NCLB is considering additional projects using the same sources. Our properties are generally pre-1900 masonry or wood frame structures that have been abandoned for between 10 and 40 years.
NCLB is soliciting letters of interest from qualified non-profit community development organizations. We seek organizations with a strong track record of using both Historic and Low Income Housing Tax Credit funding sources to undertake sensitive rehabilitation projects, but who also excel at adding additional value to the communities where they work such as through:
- Local hiring during and after the construction process
- Homeownership education and counseling programs
- Making connections to supportive services and economic self-sufficiency programs
- Impeccable property management standards
- Development projects that are responsive to community-identified needs
Experience working within the Newburgh community or Hudson Valley or with a community of similar size, historic nature and socioeconomic profile will be necessary. If your organization is not located within the region, please address how you will maintain focus on Newburgh.
For further consideration as a developer-partner, please send a letter detailing your interest in working with Newburgh Community Land Bank and information about your organization’s qualifications to the Newburgh Community Land Bank (email preferred) by November 16, 2017 at 4 PM. Any questions must be submitted in writing no later than November 7, 2017 with answers provided by November 9, 2017. Developers with experience in all of the above-named priorities will be contacted for further discussion.
Thank you for your interest in our work!
SAVE THAT SHELL!
Preservationists of Newburgh! Despite our best efforts, we have not received or been able to fundraise for any feasible plans to restore 33 Lander St. This is an old, detached, long empty shell with no interior structure. If you or someone you know has the energy, creativity, interest and resources to take this shell on, we want to hear from you! Please click through for more information and an application!