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Blighted land in Philadelphia. Land banking is the practice of aggregating parcels of land for future sale or development.. While in many countries land banking may refer to various private real estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities tasked with managing an inventory of surplus land.
The Cuyahoga County Land Reutilization Corporation, commonly known as the Cuyahoga Land Bank, is a quasi-governmental non-profit corporation established in Ohio in 2009. It was established to respond to the effects of the United States housing bubble in Cleveland and surrounding Cuyahoga County, where the housing bubble had a particularly strong impact.
As housing prices continue to rise (as well as mortgage interest rates), some homebuyers are turning to land... Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...
The Detroit Land Bank Authority [1] is a public authority that owns and manages approximately 100,000 parcels of property in the city of Detroit, making it the city's largest landowner. [ 2 ] Occasionally framed as a quasi-governmental entity , the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that ...
Bank-owned properties may also be referred to as real estate owned, or REO. You can find bank-owned properties through sources like banks' online listings or RealtyTrac.
Topeka's Land Bank Pilot Program. The city governing body voted in 2023 to set aside $500,000 for a three-year Land Bank Pilot Program. The goal of the program was to transform vacant and blighted ...
Land bank may refer to: Land Bank of Taiwan, a wholly state-owned bank of the Republic of China (Taiwan) Land Bank of the Philippines, a bank in the Philippines with a special focus on serving the needs of farmers and fishermen; Land banking, the buying and holding (rather than developing) of land for future development or use
The Richland County Land Bank members Wednesday approved agreements needed to apply for 2023-2024 Ohio Department of Development demolition grant funds for several properties in Richland County ...