... NORTHERN MICHIGAN LAND BROKERS. Reasonable offers will be … All uses must comply with applicable zoning codes and be approved as a use by the Community. Land banking has been a very successful tool in Michigan to help revitalize distressed communities. Individuals interested in acquiring a listed property should submit an Application to Purchase Property. The Michigan Land Bank Fast Track Authority Board of Directors on Wednesday approved proposals to sell the property where the Michigan State Fair was once held to … Our mission is to ensure that Michigan Land Banks have the statewide policies, support, and capacity to effectively operate local land bank programs. With this purchase, the city has the potential to create thousands of jobs for Detroiters, contributing to the stabilization and success of the neighborhoods. The proposals, once final, mean the City of Detroit will purchase approximately 142 acres of the property for $7 million and Magic Plus, LLC will […] As part of its primary mission, the Lake County Land Reutilization Corporation (LCLRC) will dispose of properties in a manner which will improve the quality of neighborhoods, increase land values, create diverse housing and/or economic opportunities and return properties to the tax rolls. Visitors must make an appointment at least one business day in advance by calling 313-974-6869. Real Times Media. Please note, the Guardian Building requires everyone entering the building to wear a mask. Individuals and entities are ineligible to acquire property from the Land Bank if they were a prior owner/s of a given property that was subject to a tax foreclosure ultimately leading to its title being obtained by the Land Bank. “All parties involved have worked hard to bring redevelopment to the site and this public/private agreement is marrying two visions for the State Fairgrounds to create jobs and provide commercial destinations for those new employees and current residents.”. Michigan Land Bank seeks proposals for demolition of former Iron County Properties August, 19, 2020 Contact: Beata Kica, 517-614-9773 The State Lank Bank Authority has released a Request for Proposal (RFP) for the demolition and abatement of four residential properties located in …
“The historic State Fairgrounds is an important site for residents, the City of Detroit and the entire region,” said Josh Burgett, director of the Michigan Land Bank Fast Track Authority.

Governor Snyder signed legislation in April 2012 allowing for the transfer of the site to the Michigan Land Bank to be returned to productive use. Under the Genesee County Land Bank Authority, tax foreclosed properties are held for a period of time before being returned to the market. Recently, City Council approved the City’s 2018-19 budget, which included $4 million from the general fund to cover the $3.5 million up front cost of the total $7 million purchase price. All Rights Reserved. Because of funding mechanisms, the availability of renovated structures may be limited to specific qualified buyers. Civil Rights, Inclusion & Opportunity Department. Title examination and insurance, if desired, and recording fees are the responsibility of the transferee and are not included in the sale price. Contact details. We can be reached by phone at 517-335-8212 or email at landbank@michigan.gov. Since that time, the Land Bank has been working with the City and Magic Plus, LLC to bring redevelopment to the site.

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