Land bank could help increase property values, reduce crime, create jobs
On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Development on Apr 10, 2013.
The Philadelphia Association of Community Development has reportedly joined dozens of community groups, builders, realtors, and environmental and anti-blight organizations to form the Philly Land Bank Alliance and launch a website. The purpose of the collaboration is to form a land bank to deal with the approximately 40,000 vacant or abandoned properties around Philadelphia.
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