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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 ...
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The Detroit Land Bank Authority at one point owned 45,000 vacant houses, Duggan said, which dropped to 4,500 this week. He expects them to have about 2,000 by the end of this year.
The idea that sleepy properties and patches of Detroit Land Bank Authority-owned vacant lots would become urban gardens is antithetical to Peavy’s vision for Detroit.
Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
One of the most famous examples of land banks is the Genesee County Land Bank in the city of Flint, Michigan. As an industrial city with General Motors as the largest producer, declining car sales with the availability of cheap labor in other cities led to reduction in the labor force of the city.
The church also does not own four vacant parcels on the 16 acre-site: three that are privately owned and one that is a Detroit Land Bank Authority property, city records show. Representatives for ...
From 2001 it campaigned for land banks to take control of abandoned property, leading to the establishment of the Detroit land bank authority in 2008. [ 9 ] MOSES is currently based in the Michigan Building in Downtown Detroit.
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