• Land Bank Basics
  • About OCLB
  • Available Properties
  • Employment
  • News
  • Contact

What is a Land Bank?

How it works

Available Properties

 A land bank is typically a not-for-profit or governmental entity intended to facilitate the return of vacant and abandoned properties to productive use. 

Search

Learn More

Learn More

The Land Bank acquires vacant, abandoned, and underutilized properties via municipal tax-foreclosure, donation, and purchase.
Search to find available properties
in your area.  

Our Mission

The Oswego County Land Bank is a state-designated public authority that strategically transforms blighted or vacant properties into appealing residential and productive commercial properties, in order to stimulate local planning, economic development, and neighborhood revitalization and to improve the quality of life in local communities throughout the county.

What is a Land Bank?

Available Properties

A land bank is typically a not-for-profit or governmental entity intended to facilitate the return of vacant and abandoned properties to productive use. Land banks ensure that properties return to productive use are planned for in a coordinated manner.
Sometimes this requires only short-term involvement of the land bank, which may acquire a problem property so it can be quickly sold to a responsible buyer for redevelopment. Sometimes this entails longer-term stabilization of a property while waiting for an appropriate development proposal, or for renovation funding to become available.
A land banks preventive maintenance reduces a cities costs of code enforcement, lawn-mowing, board-ups, and court-ordered demolitions and contributes more to the stabilization of property values than those reactive interventions. Land banks are also involved in preserving land for community use, such as parks and gardens or other natural conservation purposes.
Many of the benefits of land banks are derived from assembling vacant and underutilized properties under single-ownership and coordinating their maintenance and development outcomes with long-range planning.

How it works

The Land Bank acquires vacant, abandoned, and underutilized properties via municipal tax-foreclosure, donation, and purchase. While Land Banks in general have much in common, they all have their own respective missions, programs and policies tailored to the needs of the municipalities they operate in. The Oswego County Land Bank proposes to use a strategic evaluation process as it selects properties throughout the County for acquisition. The intent is to utilize the Land Bank's limited resources in those areas where they can have the most beneficial impact. Typically, these will be vacant and abandoned residential properties.

The Land Bank evaluates its property inventory based on location, condition, adjacent acquisition opportunities, and redevelopment plans in order to assign a redevelopment strategy to each property. Strategies may include Stabilize, Renovate, Demolish, Sell “As-Is,” Lease, or Hold.

Once a property is acquired the Land Bank will bring in a variety of local service providers to gather a thorough evaluation of the property and subsequently make it clean and safe if it is destined for rehab/resale. Properties determined to be candidates for demolition will be secured and promptly addressed through a competitive process by licensed and certified professionals in that field. The Land Bank carries out basic maintenance and implements the strategies described above as funds allow. If you see a maintenance issue that needs to be addressed, report it to the Land Bank. Available Properties are listed on the Land Bank’s website.

Potential buyers must inspect the property and submit a detailed renovation budget with their offer (unless the property is move-in ready). The Land Bank may place additional requirements on certain properties or restrict what buyers may do with them. Visit the Properties page and/or the Policies for acquisition and disposition for more information about partnering with the Oswego County Land Bank.

Vacant Property

Property Rehab

Property Sold

Available Properties

 Oswego County Land Bank has the following members in its Organization. 

Land Bank Board Members:

Shane Broadwell, President

Jim Dowd, Treasurer

Philip Church, Secretary

Paul Stewart

Jake Mulcahey

Richard Kaulfuss

Marty Webster

Jeff McGann

Linda Eagan

Property Committee:

Chair Marty Webster

Linda Egan

Shane Broadwell

Paul Stewart

Jeff McGann

Governance Committee:

Chair Jim Dowd

Marty Webster

Audit Committee:

Chair Jim Dowd

Who we are

Property Inventory