Q&A With Founder of Flint Land Bank That Saved Homes From Speculator Neglect

As the mortgage crisis worsens and foreclosures grow, many cities now are facing the mounting challenge of cleaning up abandoned properties. They are looking for ways to fight back. Civic leaders are trying to gain control from lenders and speculators who abandoned their “investments,” leaving neighborhoods littered with vacant homes, marked by boarded-up windows and overgrown yards, and empty lots filled with trash.

One tool they’re developing : Land banks.

Read the rest of Mary Kane’s article at our affiliate site, Washington Independent.

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