Philadelphia Land Bank

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philadelphialandbank.org

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The Philadelphia Land Bank is a powerful tool to return vacant and tax-delinquent properties to productive use. It will simplify the process of transferring properties from public agencies to private owners. It can also acquire privately owned, tax delinquent vacant parcels that are roadblocks to revitalization. The Land Bank’s ability to clear liens from titles will make properties more attractive to potential new owners.

In December 2013, City Council, led by Council President Darrell Clarke, Councilwoman Maria Quiñones Sánchez, and Councilman Curtis Jones, unanimously passed legislation to create a land bank. Mayor Nutter then signed the legislation into law.

Note:  The above descriptive information came from the agency's FAQ page.

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