On October 11th, New York State Attorney General Eric Schneiderman announced grant awards totaling $12.6 million to help communities across the state address the problem of vacant properties and so-called “zombie homes” – vacant and abandoned homes in foreclosure that are being neglected. The grants were awarded under the Zombie and Vacant Properties Remediation and Prevention Initiative, which LISC is overseeing through its New York State Housing Stabilization Fund. LISC has committed $350,000 to New York City through the NYC Department of Housing Preservation & Development (HPD). Read the press release and the NY Daily News story.