RBS

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New York using $9 million from RBS settlement to fight zombie homes 

Jan 29, 2019By

Continuing a fight that stretches all the way back to 2014, the state of New York is set to give its cities millions more in funding to address the glut of “zombie homes” that still blight many communities throughout the state. According to the office of New York Attorney General Letitia James, the money for these latest grants comes from the state’s $500 million settlement with RBS for the bank’s “deceptive mortgage bond practices.”

3d rendering of a row of luxury townhouses along a street

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