Grand Rapids Land Bank Authority adopts disposition policy with amendments, greenlights property platform and first sale

The Grand Rapids Land Bank Authority on Tuesday adopted a disposition policy (with an amendment and subject to attorney review), approved contracting for a property‑listing platform, and cleared the sale of a land‑bank lot to a West Side housing nonprofit for construction of a single‑family home.

The board voted to approve a written disposition policy intended to guide how the authority prioritizes and transfers vacant or non‑productive parcels, but members added a clarifying amendment on the side‑lot program and asked staff to submit the final policy to legal counsel before the document is treated as fully effective. The authority also approved a contract with e‑properties, a software platform tailored to land‑bank asset management and public property listings, and voted to sell 1125 Alpine Avenue NW to West Town Jubilee Housing Incorporated for a developer‑attached sale and expected construction of an affordable home.

Why it matters: the disposition policy frames how the land bank will prioritize transfers (including side‑lot absorption, nonprofit projects, emerging developers and homeownership), attach deed restrictions or developer agreements to preserve affordability and manage inclusion goals, and…