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Community Development Committee tables resolution on Cherokee Regional Land Bank Authority
Summary
The Holly Springs City Community Development Committee voted 2-0 to table a resolution supporting participation in the Cherokee Regional Land Bank Authority, saying members want more time to review formal documents and funding details. The committee approved prior minutes and then adjourned.
The Community Development Committee of Holly Springs City voted to table a resolution that would express the city’s support for joining a regional effort to create the Cherokee Regional Land Bank Authority.
Speaker 1, an unidentified speaker, described the proposed land bank as a regional authority intended to acquire blighted or tax-delinquent property, improve those sites and then resell or lease them — potentially for affordable housing or mixed-use projects. “A year or so ago, the city of Canton approached the county trying to figure out a way to create affordable housing,” Speaker 1 said, adding that the group has been meeting for about a year and a half to form…
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