… Unfortunately, the Michigan Land Bank failed to sell the property and … buy the property. But the land bank halted bidding, saying that, … a safety hazard that the Land Bank is responsible for removing." … wasn't a consideration. The land bank's failure to sell Eminem's … that the 120 or so bids the land bank received after news coverage was …
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 …
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 …
… 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 …
… at providing funding to "land banks," which are government entities … to the bill, government land banks and government corporations could … impossible for Michigan land banks to eliminate "blight," since … advocating for the expansion of land banking throughout the United … congressman started the Genesee County Land Bank, Michigan's first government …
… recommending that the Kent County Land Bank be prohibited from purchasing … summer, the Kent County Land Bank caused a stir when it snapped … auction. By doing so, the land bank blocked redevelopment from … private market. Moreover, the land bank spent more than $400,000 … spend. State law prohibits land banks from acquiring property …
… properties to the Kent County Land Bank. These properties will not … helping the Kent County Land Bank circumvent state law, which forbids land banks from acquiring property … tax auction. Moreover, the land bank will have the ability to … revenue than the price the land bank will pay. Though the resolution …
Audrey Spalding was a guest on “The Tony Conley Show” on WILS AM1320 in Lansing today, discussing her work on land bank policy. You can read more of her work on that topic here, here and here.
… against the Kent County Land Bank, claiming that it violated … transfer them directly to the land bank. The Kent County Land Bank requested that more than … neighborhoods," and "[funding] the Land Bank." Some of those properties are … a track record of success; land banking in Michigan (and elsewhere) …
… could have a way to contest land bank deals that illegally acquire … Local Government Committee. "Land banks were supposed to be able … what we've been seeing is land banks cherry-picking properties … Rapids area, the Kent County Land Bank has been getting first pick … should look over our entire land banking process. I'm not sure …
The Kent County Land Bank is acquiring tax delinquent and abandoned … Under Michigan statute, land banks aren't supposed to buy tax … Legislature intended to limit land bank purchases to the less desirable … buying properties for the land bank. They make the purchases … sell the properties to the land bank at cost. Rep. Ken Yonker, …
… director of the Kent County Land Bank. The following is the transcript … argue that the purpose of a land bank is to manage abandoned or … is certainly one aspect of land banking, but [it] is unlikely … values of the Kent County Land Bank Authority (KCLBA) include … motivation. Is the Kent County Land Bank already becoming this type …
… 40 properties over to the Kent County Land Bank to prohibit private individuals … Alliance reports that the land bank spent nearly $500,000 to … Though the ostensible purpose of land banking, which has exploded … beset by vacancy, Michigan land banks have broad powers that can be misused and abused. Land banks have the ability to borrow …
… competition with government land bank authorities. The plaintiffs … day in court claimed that land banks, in cooperation with the … County and the Kent County Land Bank Authority, for allegedly allowing the land bank to cherry-pick tax-foreclosed … The investors claimed the land bank paid far less than what the …
… However, when the Kent County Land Bank Authority acquired 5076 Montauk … acquired by any Michigan land bank is considered blighted by … bidder. The theory behind land banks is that government needs … does not fit that bill. The land bank appears to have acquired … speculator." But Michigan's land banking law ensures that land …
… Michigan, the government land banks created to address it may … more harm than good. Some land banks have actually blocked private … the state, the Kent County Land Bank caused a stir last summer … auction. By doing so, the land bank blocked would-be buyers from … move cost taxpayers: The land bank spent more than $400,000 …
… whole new level with the Land Bank, a centerpiece of the Genesee County Urban Land Redevelopment Initiative. Utilizing … Shafran of WJRT in Flint, the Land Bank is now responsible for more … park. The Genesee County Land Bank, however, seems to go well … much of the property in the Land Bank. According to former Genesee …
… of residents to keep private land in private hands is an inspiration … can’t possibly fulfill the land-grab ambitions of groups such … percent of the county’s total land area (190,175 acres) has been … revenue that will result when land values decline following the … farmers and their heirs obtain bank loans for routine operations …
… candidate Virg Bernero was on WJR radio Thursday promoting the idea of a state bank to give select businesses loans to spur the economy. But in 2009, the Michigan … Mackinac Center for Public Policy. "This serves as a warning for the state bank. The state already has some experience making loans and it has not been …
In Michigan, land banking is new. But in Missouri, it has a … Saint Louis City set up a land bank in response to the exodus … they left behind. When the land bank was created in 1972, the … that time, the Saint Louis land bank has amassed more than 10,000 … into the operations of the land bank found that it rejects almost …
