WENY News - Four Steuben Land Bank Properties on the Market

Four Steuben Land Bank Properties on the Market

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BATH, N.Y. (WENY) – The first two rehabilitation housing projects through the Steuben County Land Bank Corporation (SCLBC) are back on the market, less than a year after restoration efforts began.

The properties at 161 Kingsbury Ave and 232 Onondaga St. in Corning were selected last November for rehab efforts after assessments by Arbor Housing and Development indicated the properties could be restored and sold at reasonable prices.

The projects were among four projects selected in November 2017 by the SCLBC board.

The remaining to properties, on East Washington St. in Bath and Wells St. in Hornell, were demolished earlier this year and the now vacant lots are also for sale.

More information about all four properties can be found at www.steubencony.org/landbank.

The land bank was approved by the Steuben Legislature in late April 2017 and received a $500,000 two year grant. The grant is funded through the state's settlements with the nation's largest banks over misconduct that contributed to the housing crisis.

The board represents a joint effort by county officials and municipal leaders and includes the city manage of Corning and mayors of the Village of Bath and City of Hornell. The land bank board expects to reduce “neighborhood blight”, keep marketable properties on the tax roll and improve the housing stock in Steuben.

The majority of the properties to be slated for renovation or demolition will be selected from the delinquent real property tax auction.

The board is now considering two additional renovation projects in the City of Hornell and Village of Bath.

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