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The land bank will use the money to save roughly a dozen properties on Broome County’s tax foreclosure list.
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Federal funding is on the way to New York homeowners who are at risk of foreclosure.
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"Historically Black and Brown people have been locked out of owning land, and so if we own the land where particular buildings and or other services are operated, we have more of an opportunity to hold onto our resources and power within the community."
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Residents of Schuyler County have been warned about a possible property deed scam. Schuyler County Attorney Steven Getman has received reports of a company that sells public information to homeowners about their properties.