|
|
4
Wayne County Land Bank
About the Wayne County Land Bank
The Wayne County Land Bank is a governmental authority whose purpose is to manage abandoned, underutilized, or blighted property and turn it into a productive use. We envision a safe, clean, green and prosperous Wayne County and the Land Bank is an effective tool to get us there!
The Land Bank wants to encourage investment, revitalization, and rehabilitation in Wayne County. To do this the Land Bank will create a number of programs to:
- Provide economic incentives to owners to rehabilitate their property
- Sell abandoned property at affordable rates
- Work with non-profit organizations and developers to provide economic support for new developments
- Demolish and maintain blighted property to create cleaner, safer neighborhoods
How is this possible? The abandoned and dilapidated property in our neighborhoods is often in that condition because it cannot be sold due to enormous tax bills, water liens, title problems, etc. The Land Bank has a number of tools to quickly and efficiently solve those problems by cleansing title, holding property tax free and eliminating tax liens. The Land Bank can then put the property into the hands of those who will use it productively,
It is important to know that the Wayne County Land Bank only works with land that is tax-reverted or is voluntarily given to it. The Land Bank can NEVER condemn property or forcibly take someone’s property under eminent domain.
For additional information, please call us at (313) 224-3615,
or click here to send us an email.
