Philadelphia Could Make History With Land Bank Plan

English: Map of Philadelphia County highlighti...

English: Map of Philadelphia County highlighting planning districts (Photo credit: Wikipedia)

Maybe City Councilman Bobby Henon said it best on Thursday: “Right now, we have opportunity to make historic changes.”

Henon, chairman of Council’s Public Property Committee, was talking about the bill to create a land bank.

It’s a system Atlanta, Cleveland, St. Louis, and other cities have adopted and that supporters say could help cure the blight haunting many Philadelphia neighborhoods.

But with history at stake, the proposal seems stuck

Read more at http://www.philly.com/philly/news/politics/20131125_Philadelphia_could_make_history_with_land_bank_plan.html#u0ZlRfmlg53GFGwF.99

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