Search for “land bank”
Results 11 to 20 of 59
Land Banks Profit By Cutting In Front of People Wanting To Buy Property
A video report
Land banks are supposed to help eliminate blight, revitalize … some cases in Michigan, land banks have scooped up property … it for the benefit of the land bank. Taxpayers lose because the … auction.
Michigan created land banks in 2003 to deal with overwhelming … like Flint and Detroit. Land banks are public bodies that for … more
Little Or No Consequences for Detroit Land Bank Billing Scam
Only one employee transferred with a pay cut
… oprieties at the Detroit Land Bank Authority cost taxpayers … compliance manager for the land bank's demolition work, oversaw …
Officials from the Detroit Land Bank Authority said they cannot … public of affairs for the land bank.
Whistleblower Timothy Drakeford … also reported that the land bank's chair, Erica Ward Gerson, … more
County Blocks Private Citizens From Purchasing Home; Buys The Property Itself
Sale proceeds could be used to fund Kent County Land Bank Authority's operations
… property, the Kent County Land Bank Authority acquired it for … also serves as chair of the land bank authority. "However, the … by what was reported as "land bank staff" suggest that the county …
According to an MLive story, the land bank staff comments on 5076 Montauk …
Land Bank Loans Often Losers
Land Banking: An Old Idea With A … more
Subsidized Housing for Government Workers
The Genesee County Land Bank is considering offering properties … soldiers at a discount. The land bank's favored buyers would pay … percent less.
The Genesee land bank isn't the first Michigan land bank to consider subsidizing housing … than $36 million has been spent on land banking activities in the area … more
Land Bank Reform Bills In Holding Pattern
… to contest deals in which land banks acquire property before … broader issues involving land banks," a spokesman in Rep. Yonker's … governor has a work group on lank banks. We want to make sure that … together."
Under Michigan law, land banks can't buy tax reverted properties … chance at tax auctions. Land banks are supposed to get their … more
Court Grills County Over Land Bank Activities
… treasurer and the Kent County Land Bank for bypassing the public … foreclosed property to the land bank for an amount no higher than … which it was sold to the land bank. The proceeds would have …
Michigan law prohibits land banks from purchasing tax-foreclosed … and then sell it to the land bank at cost.
Investors complained … more
Bill Would Let Land Banks Buy Property Before The Public
… Senate would specify that land banks can purchase delinquent … Senate Bill 640 to allow land banks to purchase delinquent property … indication of the growing land bank empire's skill at political …
Under Michigan statute, land banks aren't supposed to purchase … of the law was to limit land bank purchases to the less desirable … more
Lawmakers Move Away From Giving Land Banks Exclusive Privileges
Land banks that purchase tax reverted property before public … in Kent County, where the land bank has bought dozens of properties … would have specified that land banks could purchase delinquent … making it even easier for land banks to dominate this portion … the language pertaining to land banks would be removed from the … more
Land Bank Funding Makes It Into Supplemental Spending Bill
… funding for the Fast Track Land Bank Authority was included in … well. The decision on the land bank funding and several other … the $1.7 million for the land bank authority to be part of the … have a better idea?' "
Land banks around the state have been … purpose instead of propping up land banking," said Audrey Spalding, … more
Legislature Split on Funding For Land Bank Authority
Senate wants to fund program; House wants to defund
… purposes to the Fast Track Land Bank Authority. The Senate wants to send the money to the Land Bank Authority, but the House … version — the $1.7 million for the Land Bank Authority was one of the … are taking a closer look at land banking," said Audrey Spalding, … and a national expert on land banks. "Michigan land banks have … more