Broome County Land Bank Awarded $1.11 Million to Support Vacant Rental Property Renovations
One Community Update
May 1, 2026
Source: wbng.com
The Broome County Land Bank has been awarded $1.11 million to support its Vacant Rental Program (VRP), which funds renovation projects on rental units across the county.
Provided by New York State Homes and Community Renewal funding, the program will assist property owners in transforming vacant and blighted rental units into viable living spaces for lower-income individuals.
Repairs and improvements that can be made under the VRP include, but are not limited to, health and safety improvements, correction of code violations, and/or updating spaces to meet residential standards, accessibility modifications, environmental remediation, and other repairs determined necessary by the Land Bank.
“The Land Bank has been a leader in addressing blight in Broome County for more than a decade,” said Aaron Martin, Chairman of the Broome County Land Bank Board of Directors. “….By working with small, private landlords to bring uninhabitable apartments back online, we’re continuing our mission to restore underutilized properties and at the same time create much-needed new housing opportunities.”
In 2024, the Land Bank was first awarded $1.11 million to support the renovation of rental units throughout the county.
Eligible property owners were allowed to select grants of either $50,000 to $75,000 per unit to renovate their spaces.
Interested property owners and contractors interested in completing the work under the VRP can apply via the Land Bank’s website.
The Land Bank will work with construction managers to oversee the work for each rehabilitation project.
So far, under the project, two rental units in Broome County have been completed and 12 units actively under renovation.
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