Pennsylvania Legislation Enables Municipalities to Create Land Banks
Abstract: Pennsylvania municipalities have a new tool to acquire, manage, and dispose of vacant, abandoned, and tax-delinquent properties to facilitate their redevelopment and reuse. Legislation effective in December 2012 states that land banks may be created in Pennsylvania by a city, county, borough, township, or an incorporated town with a population of more than 10,000 residents, or two or more municipalities with populations of less than 10,000 residents that enter into an intergovernmental cooperation agreement (ICA). School districts may be part of an ICA.
File(s): File format is application/pdf https://www.philadelphiafed.org/-/media/frbp/assets/community-development/articles/cascade/82/cascade_no-82.pdf
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Cascade
Publication Date: 2013-01
Order Number: 82