October 29, 2024
The Kingston City Land Bank (KCLB) is pleased to announce that four fully renovated and affordable homes are available as part of the citywide “KCLB Keystone” program. These first 4 homes to be sold in the KCLB Keystone development are located at 28 Abbey, 20 Stephan, 38 Chapel and 69 Gill. Full renovation details include upgrades to structural, plumbing, electric, insulation, new kitchens, bath/bedrooms, new windows, roofs and flooring. Upgrades also include new high-efficiency, energy-efficient systems for heating and cooling.
Interested homeowners may Register NOW to purchase these homes until December 15, 2024. All interested buyers must submit a new registration form during the current campaign period.
Further details on the registration process can be found on our registration page HERE.
As this campaign progresses, we will update this registration page with additional detail on the homes, details to attend our public Zoom information session (offered in English and Spanish) and video walkthroughs of the homes themselves.
To stay on top of the latest updates to this campaign and all of our exciting work in general, please sign up for our mailing list at the bottom of our website, and follow us on Facebook and Instagram.
Additional homes that are part of the KCLB Keystone program will be available in 2025. The KCLB has launched a new fundraising campaign to make these affordable homes…even more affordable!
Funding for this development was provided by New York State Housing and Community Renewal’s Office of Community Renewal, federal American Rescue Plan Act funds awarded to the City of Kingston by the U.S. Department of the Treasury, and the NoVo Foundation.
New York Homes & Community Renewal Commissioner RuthAnne Visnauskas said, “The restoration of four distressed properties across the city of Kingston breathes new life into this historic community’s neighborhoods by creating housing opportunities in a region experiencing a critical shortage of housing supply. Where blighted structures once existed, four households will soon benefit from a safe, modern, and energy-efficient home in a beautiful city. Thank you to the Kingston City Land Bank for their hard work on this development, to the Biden-Harris Administration for their support through ARPA, and Governor Hochul for her dedication to creating housing opportunities in developments of all sizes across the Empire State.”
KCLB Board Chair Nate Hennagin said “We’re thrilled to be announcing the campaign for the first four homes of our latest project, the Keystone Program, continuing the KCLB’s work to address the housing crisis and strengthen our community here in Kingston. These four homes, formerly vacant and neglected, will be thoughtfully restored and rehabilitated, with energy efficient upgrades throughout, while preserving elements of their historic character. I know I speak for all of the KCLB Staff and Board, past and present, when I say that we are proud to breathe new life into these properties and create opportunities for affordable homeownership in our community.”
Senator Michelle Hinchey said, “Creating new affordable homeownership opportunities that are within reach for local families and put people on a path to building generational wealth is exactly the kind of smart, forward-thinking investment we need to address the housing crisis. It’s exciting to see Kingston City Land Bank using some of the funding we secured to turn four vacant properties into homes for local families who would otherwise be priced out of the market. I want to thank KCLB and all the partners involved, and I’ll keep fighting for real solutions to ensure more families can access stable, affordable homes.”
Mayor Steve Noble said, “I congratulate the Kingston City Land Bank on completing the beautiful renovations of these four formerly vacant homes. I am thrilled that four families will soon be able to make the newly renovated affordable houses their home, and that these houses will now be a vital part of their surrounding neighborhoods.”
Sixth Ward Alder Bob Dennison said, “It’s great to see this house saved, and we look forward to it being home again to a family in Kingston.“
Ninth Ward Alder Hirsch said, “Kingston’s Wilbur neighborhood has been the focus of some fabulous initiatives recently which include a Local Historic District designation. Having a newly rehabbed, formerly vacant property on Chapel Street come back on-line, thanks to the Kingston Land Bank, will be an excellent contribution to the revitalization of the neighborhood!”
Eighth Ward Alder Steve Schabot said, “Affordable homeownership is a valuable resource to our community and is fundamental to our collective well-being here in Kingston. I applaud the Kingston City Land Bank for continuing their successful and inspiring work.”
The Kingston City Land Bank was formed with the purpose of acquiring title to tax-foreclosed and other distressed properties in the City of Kingston, removing barriers to redevelopment and returning properties to the tax rolls. Its mission is to foster an equitable community where vacant or distressed properties are transformed into community assets that improve the quality of life for Kingston residents, stabilize and enhance neighborhoods, and create new pathways for social and economic development.
We are currently raising funds to directly reduce the sales price of our new round of affordable homes. If you would like to contribute to this effort, please click HERE.
For more information about the KCLB and to join our mailing list for updates, visit kclb.org and follow us on Instagram at @kingstoncitylandbank