With $150K, Finger Lakes Land Bank eyes four properties

Three years ago, Seneca County formed the Finger Lakes Regional Land Bank to acquire, rehabilitate and re-sell tax delinquent properties.

This spring, the bank may finally begin to do just that.

The Seneca County Board of Supervisors Finance, Assessment & Insurance Committee met Tuesday and was told the land bank has its eye on at least four properties when the county conducts its tax foreclosure sale April 1.

Land Bank Board of Directors President and CEO Bill Bordeau told the committee that it has a $150,000 state grant that must be spent by August.

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