Philadelphia Council Committee Says Yes To A Land Bank

Map of Pennsylvania highlighting Philadelphia ...

Map of Pennsylvania highlighting Philadelphia County (Photo credit: Wikipedia)

After years of talking the talk about getting a land bank in Philadelphia, where blight scars entire neighborhoods, City Council started Monday to walk the walk.

On a 6-1 vote, Council’s Committee on Public Property and Public Works approved a resolution to establish a land bank. The bill still needs a vote of the full Council.

If it approves, Philadelphia would become the largest city with a land bank. Land banks streamline the process for rescuing blighted property, whether by homeowners who want to turn a vacant lot next door into a garden or developers who hope to buy clusters of houses to make way for a major project.

One expert said Philadelphia was better equipped than some cities with land banks, such as Flint, Mich.; Cleveland; and St. Louis.

Read more at http://www.philly.com/philly/news/politics/20131029_Phila__Council_committee_says_yes_to_a_land_bank.html#86b2DVYsKXDDfbXV.99

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