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Muncie Land Bank reports property transfers, auction restart and county stance on collaboration
Summary
The Muncie Land Bank updated the commission on recent property transfers, conditional holdings for potential LIHTC projects, plans to restart vacant-lot auctions and a county-level rejection of a broader collaboration proposal while remaining open to property petitions.
Nate Howard of the Muncie Land Bank told the Redevelopment Commission on May 15 that the land bank approved a transfer of 11 properties tied to an old West End development and has passed a property acquired for Urban Light CDC to that nonprofit after holding and cleaning the lot while Urban Light secured funding.
Howard said the land bank is restarting its vacant-lot auction and structures-for-sale…
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