Archives For: abandoned properties
Fast-Tracking Legislation for Vacant and Abandoned Properties Introduced in Maryland
On February 12, MD HB 1377 (“Real Property – Vacant and Abandoned Property – Expedited Foreclosure”) was introduced and had its first reading in the Environment and Transportation Committee. On March 14, the bill was referred to interim study by the Environment and Transportation Committee.
17 Mar 2016
Bill Would Allow for Land Bank Establishment in Virginia
Virginia House Bill 268, titled the Land Bank Entities Act, would authorize the establishment of a land bank by any locality or two or more combined localities. The bill passed a House vote on February 10, 2016.
11 Feb 2016
Law Will Help Cities Prevent Blight
The Sun Journal published an article by Maine Senator Nate Libby, author of ME LD 1203/SP 430, a recently enacted piece of legislation which will allow municipalities to provide for the care of abandoned properties before they become a threat to safety and surrounding property values.
16 Oct 2015
Bill Aims to Target Blighted Property Problem in Maine Cities
On June 30, ME LD 1203/SP 430 was enacted by the Senate after a vote to override a veto by Governor Paul LePage.
21 Jul 2015
Arma Establishes Land Bank
The Morning Sun (Pittsburg) published an article discussing a decision by Arma, Kansas City Council to authorize the creation of a land bank.
20 Jul 2015
Proposed New York Senate Bill S4781-2015
On April 15, NY S4781-2015 was introduced in the Senate and referred to the Housing, Construction and Community Development Committee.
22 Jun 2015
New York SB 4498: Provides for Summary Action to Foreclose Upon Vacant and Abandoned Residential Real Property
On May 6, NY SB 4498 was advanced to a third reading. If enacted, the bill would amend the Real Property Actions and Proceedings Law for an expedited procedure for abandoned property foreclosure for residential properties.
22 Jun 2015
Glens Falls, NY Set to Begin Eminent Domain Proceedings
On May 27, the Glens Falls Post-Star published an article titled City to use eminent domain to pressure banks to clean up foreclosure properties.
12 Jun 2015
Fannie Mae SVC-2015-07 Servicing Guide Updates
On May 20, Fannie Mae released Servicing Guide Announcement SVC-2015-07, subtitled Servicing Guide Updates.
21 May 2015
Jacksonville City Council Considers Land Bank to Redevelop Thousands of Idle Properties
On May 2, The Florida Times-Union released an article titled Land bank being eyed to move derelict Jacksonville properties to new uses.
5 May 2015
