NCLB'S LOCAL LANDLORD PROGRAM
NEIGHBORS FOR NEIGHBORHOODS
The NEIGHBORS FOR NEIGHBORHOODS initiative was inspired by successful land bank efforts as 13 Chambers Street in Newburgh. The property, which was acquired by the Newburgh Community Land Bank in 2013, was renovated by a local architect and now provides three families with affordable rental housing.
Through this program, NCLB will transfer ownership of dilapidated properties at low cost to the identified community members; provide the new community-based property owners with a subsidy toward the costs of renovation; and dictate the terms and scope of the renovation. Importantly, the renovations must also include exterior rehabilitation—to provide “curb appeal,” a critical part of boosting property values in neighborhoods plagued by vacant homes. In exchange for the property and the renovation subsidy, the new property owners will convert the properties to affordable low- and moderate-income rental units for local families.
For all interested parties, please check sign up for notifications below, and we will contact you directly when we secure funding for our community and start working with local people to enhance our neighborhoods and the quality of rental housing. At that time, we will release available properties via Request for Proposals and more program specifics. Thank you and we look forward to implementing Neighbors for Neighborhoods here in Newburgh!