Move Will Help Future Oakland County Land Bank
Public Date: November 19, 2009
Contact: Andy Meisner
Phone Number: 248-858-0624
Pontiac, Michigan – Oakland County Treasurer and former state Representative Andy Meisner has been elected Chair of the Michigan Land Bank Fast Track Authority, replacing Genesee County Treasurer Dan Kildee.
"Chairing the Board of the Michigan Land Bank will allow me to keep pace with land bank best practices throughout our state and country," said Meisner. "Land Banks are working well around Michigan and will work for Oakland County."
The Michigan Land Bank Fast Track Authority was created by Public Act 258 of 2003 with the mission of returning blighted and foreclosed properties back to productive and economically viable use. Meisner voted for the land bank statute while serving in the state House, and has proposed the creation of an Oakland County land bank to help the county bolster its property values and sagging tax revenues.
The Michigan Land Bank sells tax reverted and mortgage foreclosed properties, as well as operating an adjacent lot transfer program for connecting neighbors with foreclosed or irregular parcels, and a Garden for Growth initiative to promote entrepreneurship and urban agriculture. In addition, counties wishing to create a land bank must make an application to the Michigan Land Bank for its review and approval.