The Daily Gazette
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Land banks to get state money

Funds to help rehab parcels

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A $20 million pool of funding for the state’s eight land banks is seen as a chance to jumpstart the efforts of the land bank representing Amsterdam, the city of Schenectady and Schenectady County. The grant money, which is part of a national mortgage foreclosure settlement, represents the first significant funding for the state’s land banks, which are designed to revitalize vacant, abandoned or foreclosed properties in a community. New York state Attorney General Eric ...

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