Newburgh Savings Bank

Newburgh Main

The Newburgh Community Land Bank (NCLB) is dedicated to revitalizing neighborhoods in Newburgh, NY, by transforming vacant and abandoned properties into affordable housing options for first-time homebuyers. With a recent infusion of $2 million in funding from the Land Bank Initiative, NCLB continues to address long-vacant properties, enhancing homeownership and rental opportunities in targeted areas. Since its inception, NCLB has acquired 125 properties, successfully rehabilitating 118 of them to generate nearly 300 housing units, primarily designated as affordable. The organization collaborates with local professionals and nonprofit partners to restore historic structures, thereby improving the quality of life in the community while addressing issues such as homeownership rates and the racial wealth gap. Generated from the website