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Committee holds land bank bill after county executive flags foreclosure language
General Assembly Committee · February 25, 2025
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Summary
The committee heard House Bill 11-28 to expand land bank authority powers, including funds, grants and potential foreclosure authority. The county executive's office opposed specific foreclosure provisions and said it would seek amendments; the committee voted to hold the bill for further work.
Ron Young of Evans & Associates presented House Bill 11-28, which would broaden the powers available to land bank authorities statewide by allowing special funds within authority assets, grants and loans to leverage private investment, additional partnerships for…
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