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Land Banks Buying Properties Private Buyers Would Want

Original land bank law aimed at 'undesirable' properties

Kent County's Land Bank has been acquiring … intervention. Under Michigan law, land banks can't buy such property … more

MichiganVotes: Proposed Bill Would Provide Accountability For Land Banks

County land banks rife with problems

The Wayne County Land Bank scooped up 240 acres, … improvements, and sold the land to a developer for $1 … materialized. The Kent County Land Bank has blocked more than … more

Indy Land Bank Officials Indicted

Michigan needs to review land bank operations

… of the Indianapolis Land Bank on May 28 after a months-long … nonprofit groups. The land bank's director, Reginald … more

Questions Raised About Land Bank Conflict of Interest

Government land bank blocks private bidders, is now being sold by bank advisory council member's company

… property the Kent County Land Bank blocked from sale to … owned by one of the land bank's advisory council members. 5076 … more
Kent County Land Bank Logo

Court Rules in Favor of Land Bank

Some properties blocked from competitive tax auction will go to nonprofits

… suing the Kent County Land Bank for blocking tax foreclosed … auction. This summer, the land bank coordinated with Kent … more

New Challenge to Land Bank Purchasing Practice

Citizen joins effort to stop Kent County Land Bank from getting property before it goes to auction

… of the Kent County Land Bank's purchasing practices … property because the land bank grabbed it first is … more

Land Bank Powers Abused, Costly to Taxpayers

After the Kent County Land Bank Authority came under … will look at how other land banks choose to buy property. … more

Land Bank Reform Bills In Holding Pattern

… contest deals in which land banks acquire property before … broader issues involving land banks," a spokesman in Rep. … more

Land Banks Profit By Cutting In Front of People Wanting To Buy Property

A video report

Land banks are supposed to help … cases in Michigan, land banks have scooped up property … more

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Police seize assets of Michigan residents who have not been charged with crimes. One man was told he could get his belongings back for a price. Another had his bank accounts frozen and was unable to pay bills. He also lost property he called "auctionable." Last year, law enforcement raised over $20,000,000 from seizing personal property.

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