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Land Bank reports progress on Blight Elimination Round 3; 3304 Waalkes sold for $113,000
Summary
Board heard updates on Blight Elimination Round 3: multiple homes are complete or listed, several closings are expected this month, and 3304 Waalkes sold for $113,000. Some completed homes await grant reimbursement before listing.
Board members received a detailed status update on the Blight Elimination Round 3 portfolio. The director reported that several Round 3 properties are complete and moving to market, while others are slated to close within weeks.
The minutes list first-batch addresses (2209 Leahy; 3213 Mona; 3314 Eighth; 3025 and 3029 Waalkes; 3304 Waalkes) and note that 3304 Waalkes sold for $113,000. Additional Round 3 sites (3213 Mona, 3209 Waalkes, 3314 Eighth) were slated to close this month. The second batch (234 Harrison; 2100 & 3016 Fifth; 3328 Jefferson) has two houses expected by the end of June and two by July. Third-batch sites (1152 Kampenga; 462 Catawba; 510 & 612 Ada; 979 Scott; 1088 Kenneth) include several completed homes already on the market (979 Scott, 462 Catawba, 1152 Kampenga); 1088 Kenneth is complete but awaiting grant reimbursement before listing.
Staff also described Batch 3.5 activity (2309 Hoyt, 4451 S Sheridan, 1691 Pine); 2309 Hoyt received final inspection, interior work continues at 4451 S Sheridan, and 1691 Pine will follow. The board did not take formal action on these specific properties at the June 16 meeting.
