Search for “land bank”

… office of the Indianapolis Land Bank on May 28 after a months-long … nonprofit groups. The land bank's director, Reginald Walton, … been charged. Allegedly, land bank officials were exploiting … other would-be buyers of land bank property. The Indianapolis Land Bank would sell properties at … more

… n response to government land banks side-stepping state law, … R-Caledonia, that would penalize land banks for acquiring property before … actions of the Kent County Land Bank when it blocked the sale … properties last year.  Though land banks are promoted as entities … would purchase, the Kent County Land Bank has worked to acquire desirable … more

Kent County's Land Bank has been acquiring tax reverted properties … intervention. Under Michigan law, land banks can't buy such property … been buying properties for the land bank. They make the purchase and then sell the property to the land bank at cost. Many of these properties … private buyers. Kent County Land Bank appears to be making no effort … more

… report from the Kent County Land Bank claims the agency's actions … receiving media attention. Land bank officials arrived at their … of $151,879. Using the land bank's math, the local realtors … infinity. Also, the cost of the land bank is shown only by its operating budget. The land bank did not consider other costs … more

After the Kent County Land Bank Authority came under fire for buying … and will look at how other land banks choose to buy property. … residents upset with the land bank's actions. If its members … elsewhere.  When defending the land bank's practices, Executive Director … $220 million to expand its land banking activities. A recent … more

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

… 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

… 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

… 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

… 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