Strengthening neighborhoods by mitigating blight through strategic property acquisition.

New Affordable Homes for Sale in Liberty and Monticello

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Sullivan County Land Bank
Sullivan County Land Bank5 days ago
What a great article!

✨ A few important points about these homes:

🏡 These homes were priced at $275,000 to be affordable for households earning 120% of Area Median Income (AMI) or below, based on HUD’s 2026 income limits. Most importantly, these homes are restricted to buyers who live or work in Sullivan County.

🔨 These are brand-new, energy-efficient, three-bedroom, two-bathroom homes. With support from the New York State Homes and Community Renewal’s (HCR) Land Bank Initiative and the vision of our dedicated Board of Directors, the Sullivan County Land Bank invested approximately $375,000 per home to bring these projects to life. Local contractor Kavleski Excavation & Construction was selected through a competitive Request for Proposals process. Contractors interested in future opportunities are encouraged to contact us to be added to our bidder list.

📈 According to local sales data and the Hudson Valley Pattern for Progress's 2025 Fourth Quarter Housing Report, the median home sale price in every Hudson Valley county—including Sullivan County—now exceeds $350,000.

🌱 These properties were not generating housing opportunities before Land Bank involvement. They were vacant lots that had not contributed to the local tax base for years. Today, they are providing homeownership opportunities for local residents and have been returned to the tax rolls, creating long-term benefits for their communities.

💡 Affordable housing is not one-size-fits-all. Different projects serve different income levels and community needs. Four years ago, we completed three homes serving households at 80% AMI (Sold for $173,000). Today, we are serving households at 120% AMI. Tomorrow, we hope to continue expanding opportunities for households at 100%, 80%, and even lower income levels.

As our Administrator, Serra McDowall, noted in the article:

“Housing is not solved with one project—it is solved one project at a time.”

The Land Bank’s mission is not simply to build houses. Our mission is to return vacant, abandoned, and blighted properties to productive use while creating housing opportunities for Sullivan County residents.

👀 Coming Soon: A home repair assistance program for full-time owner-occupied residents who need critical repairs.

Thank you to our partners, contractors, funders, Board members, and community supporters who help make projects like these possible.

📰 Read the full article below:

What we do

Programs: How we put properties back into productive use.

Revitalization by the Numbers to Date

Properties Home

68

Acquired Properties

Demolitions

25

Demolitions

Sold

17

Properties Sold

Investment Tree

$1 million

Assessed Value Returned

Before photo of property After photo of property

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