An Introduction to Land Banks
You may have seen a few newspaper headlines and some tweets about land banks today. I know several people that have been working on bringing land banking to Pittsburgh for several years. Today, City Councilwoman Deb Gross introduced legislation (2014-0025) that would create the legal structure for a land bank in the City of Pittsburgh.
What is a Land Bank?
A land bank is a way for cities to manage unused, usually vacant or abandoned property.
From Wikipedia :
Land Banks are quasi-governmental entities created by counties or municipalities to effectively manage and repurpose an inventory of underused, abandoned, or… Read the rest
