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Commission deadlocks on $2 million land‑bank MOU; sends proposal back for revision
Summary
The commission debated how $2 million in American Rescue Plan Act funds should be directed through the Albany‑Dougherty Land Bank for a homeownership incentive program. Commissioners split over whether to restrict funds to the medical district and two neighborhood clusters or leave the allocation broader; after substitute motions and debate, the
The Albany City Commission on Tuesday did not adopt a memorandum of understanding (MOU) that would direct $2 million in American Rescue Plan Act funds to the Albany‑Dougherty Land Bank for a homeownership incentive program.
City staff presented an MOU drafted to support Resolution 24R187, which would make $2 million available for land-bank activities intended to spur homeownership — including property acquisition, down‑payment assistance and incentives tied to city‑owned investments. At a work session staff reported that the original land-bank proposal would prioritize projects “near city‑owned assets and investments.”
During the commission meeting commissioners debated two options: leave the language broad…
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