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Pottstown land bank reports eight properties moved, one pending transfer to Habitat for Humanity

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Summary

Borough staff said the land bank has relocated eight properties since it began acquiring and selling properties; one remaining property is expected to settle to Habitat for Humanity within about 30 days and auditors reported no findings.

At the May 7 Committee of the Whole meeting, borough staff reported that the Pottstown Land Bank has transferred eight properties and currently holds one property that is expected to go to settlement to Habitat for Humanity within about 30 days. Auditors at the recent land bank meeting reported no findings and issued a clean audit, staff said.

Staff described the land bank’s acquisition and disposition activity as a small but effective program that has helped rehabilitate properties and return them to productive use. The land bank also accepts donations of blighted, unoccupied properties and staff said they will encourage owners or heirs of long‑term vacant properties to consider donation when appropriate.

Why it matters: Land-bank activity affects housing supply, blight remediation and local rehabilitation efforts. Staff said the land bank has moved properties from inventory and the current audit shows no financial findings.

Ending: Staff thanked land bank members for their service and noted the program’s ongoing role in identifying and moving blighted properties back into productive use.