Tag archives for land banking

Atlantic City May Be Losing Tax Money On Undeveloped CRDA-Owned Land

Atlantic City’s government officials are facing state intervention because of a budget deficit – which is why it hurts the city more to have half of Casino Reinvestment Development Authority-owned land sitting idle. With no construction date in sight or even a project assigned, the parcels of land are leaving Atlantic City with much untaxable land. CRDA has 139 parcels of Read full article »

Allen County Grants $4.7M To Launch Land Bank Program

With almost everything being parceled in ‘instant packs’, it is but understandable that large companies are shying away from putting up a plant or factory in lands where access to necessary utilities are hard to come by. Allen County officials understand this and that’s why they approved a land bank program to buy and prepare huge chunks of property and Read full article »

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