The Nassau County Land Bank (NCLB) was formed to address the still-lingering effects of the foreclosure crisis which has created pockets of blight in neighborhoods and communities in Nassau County.
The NCLB is a not-for-profit corporation and a New York State public authority, organized pursuant to the New York State Land Bank Act (Article 16 of the Not-for-Profit Corporation Law).
The NCLB was organized on June 20, 2016. The NCLB was authorized by Nassau County, its sponsoring government, by Ordinance 87-2015, enacted by the Nassau County Legislature by unanimous affirmative vote on July 13, 2015 and approved on July 14, 2015 by the Nassau County Executive.
The goals and operations of the NCLB are the result of continuing partnerships with the Nassau County government and community stakeholders.