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Muncie Land Bank asks county for $2.8 million over five years to expand countywide
Summary
The Muncie Land Bank proposed an interlocal agreement to expand countywide, outlined tax-sale backlogs and asked commissioners for $2.8 million in unallocated ARP funds over five years to acquire and stabilize vacant properties.
Nate Howard, executive director of the Muncie Land Bank, presented a proposal April 7 asking Delaware County commissioners to consider expanding the land bank’s service area countywide through an interlocal agreement and to provide new financial support.
Howard said the land bank’s proposal would (1) expand its jurisdiction beyond Muncie, (2) systematize its right to acquire unsold tax-sale properties under clear criteria, and (3) seek county and city funding commitments and legal support to lower acquisition costs. The land bank…
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