On June 4, Michigan Representative Dan Kildee introduced the National Land Bank Network Act.
Kildee, a Democrat, partnered on the new bill with Georgia Representative Drew Ferguson, a Republican/
“Land banks are quasi-public agencies that are entitled to acquire and maintain distressed properties and return them to productive use.” This proposed bill “would both expand and fortify the nation’s network of land banks in hopes of establishing the infrastructure for dealing with the fallout of the pandemic before it happens.”
For additional information please click on the following links;
City Lab: Can Land Banks Get Us Out of This Mess?
Center for Community Progress: Community Progress Shares Support for the “National Land Bank Network Act of 2020”