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Council expedites $386,749 ARPA transfer to Broome County Land Bank amid concerns about late notice

Binghamton City Council · December 16, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council agreed to expedite a resolution to transfer $386,749 in previously encumbered ARPA funds to the Broome County Land Bank for its affordable homes program after lengthy questions about timing, program capacity and legal changes affecting tax‑foreclosure acquisitions.

The City Council voted to expedite RL24‑251, a resolution to amend the city—s agreement with the Broome County Land Bank and transfer $386,749 in ARPA funds for the land bank—s affordable homes program. Councilman Kavanaugh framed the item as a year‑end cleanup of encumbered funds; Jessica Haas, representing the land bank, described the organization—s track record renovating single‑family homes for low‑ and moderate‑income buyers and said the organization currently has $1,466,000 available in ARPA funds…

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