Thursday, March 13, 2014

A Visit From The AG

l to r: Hilary Lamishaw (TRIP), Troy City Council President Rodney Wiltshire, 
Attorney General Eric Schneiderman,  I-Asia White, Homeowner
Photo by Mike McMahon, The Record

NYS Attorney General Schneiderman visits TRIP and Troy

At a press conference yesterday in TRIP's building at 415 River Street, the attorney general, local elected officials, a homeowner, and TRIP staff spoke about the value of the AG's HOPP (Homeowner Protection Program) which provides funding for TRIP and many other groups to counsel or provide legal assistance to homeowners facing possible foreclosure. A homeowner from Troy, who received assistance through HOPP, shared her story about what a difference it made, particularly since her process had been tied up for years and very complex. 

Attorney General Schneiderman also has proposed some new tools for dealing with vacant properties and "zombie homes" (the owner has abandoned the home and can't be found). He introduced state legislation to expand the number of land banks in the state from 10 to 20 (a land bank is a legal entity that can buy and manage vacant properties) and to require lenders foreclosing on zombie homes to take care of them when they go vacant. 

This is great news for the Troy Vacant Properties Workgroup, which is working diligently to reduce the number of vacant buildings in Troy with a variety of strategies. 

For more information about the press conference, go to

No comments:

Post a Comment