Syracuse sees significant and sustained drop in vacant homes

“Syracuse sees significant and sustained drop in vacant homes”

SYRACUSE, N.Y. (WSYR-TV) The City of Syracuse is experiencing significant and sustained declines in vacant housing.

Since 2017, the City has seen the number of vacant residential properties drop by 12.3%.

The City’s Department of Neighborhood and Business Development estimates that in 2015, there were 1,886 vacant residential properties in the City.

That number has dropped by nearly 400, representing a total decline in vacant residential structures of nearly 21% during the five year period to date.

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Housing Visions formally opens Ethel T. Chamberlain House in Syracuse

“Housing Visions formally opens Ethel T. Chamberlain House in Syracuse”

Housing Visions on Friday formally opened the Ethel T. Chamberlain House, an $8.2 million supportive-housing development located at 664 W. Onondaga St. in Syracuse.  Ethel T. Chamberlain, which Housing Visions describes as a “long-vacant” apartment building, is a former Greater Syracuse Land Bank property.  The 26,000-square-foot building includes a 15-bed shelter for “chronically homeless” women struggling with mental health or substance-abuse issues. The shelter component will include 24 hour on site supportive case-management services.

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Greater Syracuse Land Bank Awarded $2 million From the Land Bank Community Revitalization Initiative By Enterprise Community Partners

“Greater Syracuse Land Bank Awarded $2 million From the Land Bank Community Revitalization Initiative By Enterprise Community Partners”

The Greater Syracuse Land Bank is proud to announce that we have been awarded another $2 million in Community Revitalization Initiative funding, awarded by Enterprise Community Partners. The Greater Syracuse Land Bank has received nearly $7 million in CRI funds to date, enabling us to demolish 97 structures and work with our partners to renovate or build new 76 homes. These funds will enable the Land Bank to continue its efforts to revitalize neighborhoods by addressing blighted and abandoned properties.

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Syracuse Land Bank looks to city for funding help

“Syracuse Land Bank looks to city for funding help”

“In an annual report to Common Councilors, Wright pointed out how the agency over the last five years has not only cleared out blight in city neighborhoods, but has helped the city bottom line, bringing in millions in formerly uncollected taxes, as well as $19 million in private renovation investment of the 537 properties it sold.

Land Bank Executive Director Katelyn Wright said without some help, the organization that buys dilapidated tax delinquent city properties with the goal of selling or demolishing them, will be out of savings soon.

“If things keep going the way they’re going, we’ll deplete our fund balance by the first quarter of 2021,” said Wright.

So she’s hoping to get some help from the city and is asking Mayor Ben Walsh to include some funding for the Land Bank in his upcoming budget.

“If there was $500,000 for property maintenance, that would almost cover our operating deficit,” she said. “That would really help us avoid spending down our fund balance. And we’ve also asked for $500,000 for demolitions.”

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