The City of New Bedford unvieled its "Side Lot" program on Monday. 

Its where abutting homeowners can purchase vacant, city-owned lots at drastically discounted prices. 

Mayor Jon Mitchell made the announcement on a 3,000 square foot vacant lot, adjacent to 1442 Pleasant Street. 

Homeowner Diane Cortez says she's been eyeing the lot for years to extend her property.  She plans to put a storage unit on it, and more.....

City officials say Cortez will end up paying just a couple of hundred dollars for the lot. 

The City has 40 such lots to sell.  It plans an agressive marketing campaign to get the word out.

 The program application is available at http:/// .