The Albany County Land Bank
2019 Annual Report 
Five Years of Progress

The Albany County Land Bank 2019 Annual Report Five Years of Progress

Five years ago, communities across the United States were still reeling from the 2008 Financial Crisis. Foreclosures had reached record levels, creating a tremendous number of vacant properties and leaving taxpayers, residents and local governments to shoulder most of the burden. As these properties continued to devastate neighborhoods and drain municipal resources across Albany County, local officials and community members took the bold step of forming a land bank to fight blight and revitalize neighborhoods.
Today, thanks to the support of Albany County, our Board of Directors, dedicated staff and many partners, the Albany County Land Bank has grown to be among the largest and most active land banks in the Eastern United States. Our work has enabled hundreds of vacant and abandoned properties to return to productive use and resulted in millions of dollars of investment into Albany County’s neighborhoods. Our innovative programs and creative partnerships to increase long-term affordability and opportunities for first-time homebuyers have received national recognition and serve as a model for land banks across the country.
As we celebrate our fifth anniversary we are proud of the progress we have made and look forward to revitalizing neighborhoods and strengthening communities throughout Albany County in 2020 and beyond!

Click the Image Above or HERE for the 2019 Annual Report.