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Wayne County Land Bank gets hands on first properties

It hasn’t taken the Wayne County Regional Land Bank Corporation long to get rolling on its effort to address blight.

The Land Bank was issued a certificate of incorporation just a couple of months ago from the state, and at Tuesday’s Board of Supervisors meeting, it obtained its first three properties.

Supervisors unanimously passed a resolution to transfer three county- foreclosed properties — in Lyons, Palmyra and Sodus — to the Land Bank.

The Land Bank’s Board of Directors — comprising county supervisors and some department heads — now has the option to either rehabilitate, stabilize, demolish and/or re-sell the properties.

Its formation is the outgrowth of efforts to address derelict properties, which county officials say is a growing problem.

The ultimate goal is to improve communities by reducing the number of properties that may be deemed unsightly and/or unsafe and which could be negatively affecting neighborhoods — and dragging down property values in the process.

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Categories: NewsWayne County

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