One stop shopping. That is the goal of the bill that Philadelphia Mayor Michael Nutter signed into law on January 13, 2014, creating the Philadelphia Land Bank. The Land Bank, which is to be fully operational by the end of this year, is intended to streamline and consolidate the process by which the City acquires and sells vacant and tax delinquent properties. The Land Bank will also act as the single repository for the approximately 9,500 vacant and surplus properties currently owned by the City through three separate entities: the City, the Philadelphia Redevelopment Authority and the Philadelphia Housing Development Corporation.
Tagged: Land Bank
Starting August 31, 2013, municipalities will have to provide advance notice electronically or by mail of certain proceedings to landowners who have requested such notice in writing. Under amendments to the Pennsylvania Municipalities Planning Code signed into law by Governor Tom Corbett on July 2, 2013, municipalities must provide landowners with the requested electronic notice or mailed notice of public hearings regarding the enactment of zoning ordinances and amendments.
The redevelopment of vacant and blighted parcels has been a cumbersome, frustrating and, in many cases unsuccessful, process for municipalities and developers alike. Pennsylvania’s new land bank legislation could change all that. Philadelphia, with its own land bank legislation is poised to take advantage of the state legislation.