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20 NEWBURGH, NY BALANCING PRESERVATION, EQUITY AND REVITALIZATION

21 LAND BANKS A TOOL FOR COMMUNITY REINVESTMENT

22 OUR APPROACH NEIGHBORHOOD BY NEIGHBORHOOD

23

24 PHASE I MULTI-USE, MULTI-USER, ECONOMICALLY DIVERSE NEIGHBORHOOD PLAN

25 34-40 LANDER STREET

26 ADAPTIVE REUSE AND FINANCING REVITALIZATION THROUGH PRESERVATION HISTORIC TAX CREDITS BLENDED WITH TRADITIONAL AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT DOLLARS

27 HISTORIC TAX CREDITS BLENDED WITH TRADITIONAL AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT DOLLARS

28 *NYS OAG Land Bank Community Reinvestment Grant *CDBG Façade Grant *State & Federal Historic Tax Credits *Orange County HOME Grant *Central Hudson Main Street Grant *Bank Financing

29 THE DOG POUND CONVERTING ANIMAL CONTROL FACILITY TO ARTIST WORKSPACE

30 PARTNERSHIP HABITAT FOR HUMANITY SWEAT EQUITY TO BUILD NEIGHBORHOOD HOMEOWNERSHIP

31 ALTERNATE LAND USES ADDRESSING OUTDOOR ACCESS AND COMMUNITY NUTRITION

32 URBAN AGRICULTURE USING VACANT LOTS TO CREATE COMMUNITY GATHERING, EDUCATIONAL AND NUTRTIONAL AMENITIES

33 COMMUNITY EVENTS USING VACANT LOTS TO BRING PEOPLE TOGETHER TO LEARN AND COLLABORATE

34 REACTIVATING SMALL LOTS USING SIMPLE PLANS TO CLEAN UP AND CREATE PASSIVE GREEN SPACES

35 THANK YOU! MADELINE FLETCHER, EXECUTIVE DIRECTOR

36

37 Troy: Once a prosperous little city on the Hudson with a rich history in manufacturing 1900 population: 75,000 Hudson River Gateway commerce Iron and steel Precision and scientific instrument manufacturing Garment, detachable collar and cuff industry - The Collar City Troy also an educated city: Rensselaer Polytechnic Institute Russell Sage College Emma Willard School Hudson Valley Community College

38 Industry wanes after World War I Loss of population and tax base 1980s- nearly all manufacturing gone 1960s urban renewal leaves city core decimated, as do new malls High unemployment, poverty, drugs and crime define parts of the city. Large inventory of abandoned properties Aging housing stock with negligent absentee landlords Looting, arson, the elements take a toll 2010 population: 49,000

39 Troy Renaissance Today Troy is undergoing a renaissance Influx of artist, makers & tech firms New shops opening in a revitalized downtown core Interest in fine old industrial buildings to convert into housing Renewed interest in preservation and staunching the loss of its wonderful stock of historical buildings A spectacular waterfront, and important parks

40 The Troy Community Land Bank was founded in November 2014 to help revitalize Troy s neighborhoods. The Troy Community Land Bank is only in its second year of real operation. We purchase derelict buildings and lots from City s foreclosed/abandoned properties list and gifted derelict properties from cooperating financial institutions. Properties are assessed by qualified professionals as to viability and potential. Salvageable properties are cleaned out, stabilized and assessed. Some can be immediately put on market. We target owner-occupants seeking to put down roots. The TCLB will be working in partnership with Habitat For Humanity and other like-minded housing partners. Our mission and goal is to revitalize our neighborhoods and aid in the rebuilding of our beautiful city.

41 Our first targeted area is North Central.

42 WHY NORTH CENTRAL? Neighborhood contains fine examples of late 19 th century vernacular housing Wood-framed as well as brick and masonry buildings Most two and three family houses Main thoroughfares River Street and Sixth Avenue Close to downtown

43 Abandoned, foreclosed zombie properties and vacant lots mark many of the neighborhood s streets. North Central is not the only neighborhood to suffer, but its needs are the most immediate.

44 6 th Avenue

45 6 th Ave.

46 Some more examples of North Central architecture

47 Wood framed homes are especially vulnerable to fire, water damage and deterioration.

48 In some cases, entire rows of woodframed houses have been demolished, giving rise to large open lots that could be redeveloped as new housing, pocket parks, or urban gardens.

49 Land Bank Properties 822 River Street, a storefront with two apartments above.

50 822 River Street details

51 Sixth Avenue (the three family buildings, center and right)

52 3320 Sixth Avenue

53 102 West Glen Avenue Stabilized for demolition

54 North Central is coming back. One house at a time.

55 TROY COMMUNITY LAND BANK (TCLB) 433 RIVER STREET, SUITE 5000 TROY NY Telephone: Fax:

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