UPDATE: Land Bank Update

November 02 2015

The Philadelphia Land Bank will hold a public hearing on its 2015 Progress Report & Strategic Plan Update on Wednesday, Nov. 4 from 3-6 p.m. The report outlines the recent activity of the Land Bank, including its incorporation and selection of board members, correcting the deeds of approximately 6,400 publicly owned properties, refining the City’s “upfront pricing” model to set accurate and consistent property prices, targeting approximately 600 tax delinquent properties for potential acquisition through tax foreclosure, establishing target acquisition and disposition goals, and more.

For more information on how Philadelphia's new Land Bank is changing the way vacant property is developed in Philadelphia, please contact Michael P. McIlhinney, Esquire.