Vacant Property Rehab Investor Interest Form

This pre-application is for individuals, nonprofits, and LLCs interested in acquiring and rehabilitating vacant or blighted buildings. It does not guarantee acquisition or funding, but will help us evaluate demand and connect you to future redevelopment opportunities.

NYS HCR has released new funding for Down Payment Assistance. This is a new program we plan to apply for—but we must demonstrate community demand to successfully secure funding and scale the initiative.

This program will prioritize commercial and mixed-use buildings, especially where affordable, deed-restricted apartments will be created. Fully residential projects may also be eligible, provided they meet affordability and vacancy criteria.

Why it matters

• Reclaiming blighted properties strengthens downtowns and reactivates commercial corridors.
• Partnering with developers ensures projects are viable, code-compliant, and community-driven.
• Many buildings require environmental remediation, including lead and asbestos mitigation—support the Land Bank can help coordinate.

You’ll be asked to provide

• Redevelopment experience and proposed use
• Property info (if known)
• Budget and funding sources

The Essex County Land Bank is proud to launch several new pilot programs designed to expand homeownership, preserve housing, and revitalize vacant properties. These pre-applications are critical first steps to help us measure community need and demand, and guide us in applying for newly available funding through NYS Homes and Community Renewal (HCR).

Each pre-application supports our mission to transform underused properties and empower residents across Essex County through safe, stable, and affordable housing opportunities.