"Today, Philadelphia’s City Council approved Bill No. 130156-A by a vote of 15 – 0, which creates a Philadelphia Land Bank. The Land Bank represents major reform of the City’s broken system for putting vacant properties back into productive use.
“Philadelphians who have been plagued by vacant properties in their neighborhoods will soon have a powerful tool in the Philadelphia Land Bank. The Land Bank will make it easier and quicker for individuals, community groups, small businesses, community development corporations and market rate developers to turn vacant, blighted properties into vibrant, usable spaces,” said Rick Sauer, Executive Director of the Philadelphia Association of Community Development Corporations (PACDC). PACDC is part of the Philly Land Bank Alliance, a diverse coalition of groups that came together to advocate for a transparent, efficient, accountable, equitable and predictable Land Bank.
Councilwoman Maria Quiñones-Sánchez, who sponsored the Land Bank legislation, commented, "This Land Bank will finally give Philadelphia the tools we need to reclaim our neighborhoods from blight, abandonment, and tax delinquency, and to get properties back into productive reuse. Credit for this historic step is due to the leadership of Mayor Michael Nutter's administration, Council President Darrell Clarke, State Representative John Taylor, and an unprecedented coalition of organizations and individuals who came together to advocate for reform." (http://www.phillylandbank.org/news/alliance-statement-philadelphia-city-council-approves-land-bank-legislation)