In an effort to revitalize neighborhoods by revitalizing homes and properties, the Muskegon Land Bank is improving tax-reverted, increasing their values, and reselling them to responsible owners. The first of the properties have recently landed in the land bank's hands.
According to excerpts from the story:
The new Muskegon County Land Bank has claimed its first set of tax-reverted properties, with the goal of keeping them out of the hands of absentee landlords and returning them to the tax rolls with responsible owners and increased values.
The land bank board took possession Tuesday of 17 parcels that were lost by their owners earlier this year through the tax-reversion process.
The goal of land banks is to increase local control over tax-reverted properties, to make sure they are managed and maintained in the best interest of the community.
Read the complete story here.
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