Monroe County Executive Adam Bello has announced the establishment of the Monroe County Land Bank Corporation (MCLBC), a transformative initiative funded with $1 million in American Rescue Plan Act (ARPA) funds. MCLBC is the 29th land bank created in New York State and will work to address unsafe conditions caused by vacant and abandoned properties while creating affordable homeownership across Monroe County’s 29 suburban and rural communities.
“Vacant properties diminish the quality of life in our neighborhoods, posing risks to public safety, health and housing stability,” said County Executive Bello. “The Monroe County Lank Bank will not only revitalize these properties but also provide much-needed housing options, strengthening our communities and boosting economic growth.”
The MCLBC’s goal is to acquire, rehabilitate and sell properties to home buyers across Monroe County. The MCLBC will be one more tool that the County can offer towns and villages to improve neighborhoods while creating affordable homeownership opportunities. The MCLBC will complement existing programs like the County’s Make Monroe Home and the First-Time Home Buyer Programs. These existing programs are providing properties across suburban Monroe County to income eligible first-time homebuyers who may not have been able to acquire their first home otherwise. Combined, these efforts will increase the housing supply while addressing critical safety and health issues by eliminating hazards associated with abandoned structures.
“Increasing opportunities for homeownership while addressing blighted and abandoned properties is a winning solution for municipalities,” said U.S. Senator Kirsten Gillibrand. “The creation of the Monroe County Land Bank will be a critical tool to help rehabilitate housing supply that has fallen into disrepair and provide new opportunities for residents to secure affordable housing. I applaud County Executive Bello and the legislature for this initiative, and I was proud to help secure these funds through President Biden’s American Rescue Plan Act.”
This initiative comes at a critical time when housing demand exceeds supply in Monroe County. The MCLBC aims to bridge this gap by increasing the housing supply and prioritizing affordability, while creating new opportunities for Monroe County residents.
County Executive Bello has long championed efforts to combat the negative impact of vacant properties. As Irondequoit Town Supervisor in the mid-2010s, he prioritized addressing neighborhood blight. As County Clerk in 2016, Bello created the Monroe County Vacant and Abandoned Property Task Force.
The task force’s report, “Zombies Among Us,” highlighted the growing problem of vacant properties and recommended land banking as part of the solution. This work was further advanced in the 2018 report, “The Way Forward” which reiterated the need for a countywide land bank for the twenty-nine municipalities of Monroe County outside of the City of Rochester.
During his first term as County Executive in 2021, Bello created the Monroe County Vacant Property Advisory Committee to further these efforts. A year later, he announced the launch of mcvacants.com, a comprehensive online resource to provides residents, potential property owners and local municipalities with resources aimed at reducing zombie and vacant properties in the county.
With the establishment of MCLBC, its newly-appointed Board of Directors will engage in a strategic planning process to define its mission, staffing, and programmatic needs. This process will incorporate input from the housing experts, county staff, and stakeholders from across Monroe County’s municipalities.
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