Governor Whitmer signed legislation expanding the number of cities in townships that can establish land bank fast track authorities.
Key Points:
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- Under the new law, any city or township with a population greater than 50,000 can now utilize one, if they’re not located in a county that already has a county authority.
- Prior to the change, only counties and the city of Detroit could create these authorities.
- Local government use these authorities as a tool to revitalize vacant, unused, abandoned, or blighted land and structures, build affordable housing, make downtowns and neighborhoods more livable and attractive, and grow local economies.
