The Association of Erie County Governments is urging the State Legislature to pass legislation that members say would help town governments to reduce the number of vacant and deterioriated properties in their communities.
The memorialization, which calls for the State Legislature to create a special part of New York State Supreme Court empowered to handle mortgage foreclosures affecting vacant and abandoned properties, was passed unanimously by association members at their recent monthly meeting in Lackawanna.
Under existing laws, it can take mortgage lenders two years or more to finalize foreclosures on mortgage properties. The legislation that is pending in the Assembly would allow banks and other lenders to expedite the proceedings so that foreclosed properties could be sold and reoccupied sooner.
The aim is to stem the tide of vacant and abandoned properties that have a negative effect throughout the county.