Greater community participation on the Land Bank Board of Directors and input towards the development of Policies and Procedures
Community-driven processes for objecting to disposition of properties; community plans and priorities given great consideration
Stronger language to provide greater protection and services for owner-occupants, including, but not limited to hardship payment plays, social services and life estates
Limited City Council and political influence with protections to ensure checks and balances
Community Participation on the Board:
Amendments made to Board Structure Section:
Board will consist of 9 members; 3 appointed by the Mayor, 3 appointed by City Council, and 3 community members elected by the other Board Members.
Amendment says that the 3 community members shall be residents of, or work at the community-based organization, in the three Council Districts with the greatest number of vacant and distressed properties; one member shall be designated from each of the three Council Districts.
Mayor’s appointees shall have expertise in planning, real estate, and financial management.
Council’s appointees shall have expertise in community development and/or community organizing.
Oversight of the Land Bank, particularly in relation to Policies and Procedures:
Amendments require Land Bank Board to host no less than 5 community information meetings to present the draft Policies and Procedures.
Amendments allow for a 30 day public comment period.
Amendments provide City Council the ability to approve or reject the Policies and Procedures.
Concerns about Land Bank’s ability to take owner-occupied land:
Amendment references the Foley Settlement Agreement, in which the City is required to provide hardship payment plans to eligible owner-occupants who are unable to pay their current taxes.
Amendment states that “the preference of the Land Bank is to support homeownership and to avoid acquisition of Owner-Occupied residential property.”
Amendment says that the Land Bank shall ensure that there has been direct outreach to Owner-Occupants and offers of supportive homeowner services and social services, including but not limited to an application for a hardship payment plan or an appropriate payment plan on delinquent real estate taxes…
Amendment states that “The preference of the Land Bank upon acquisition of Owner-Occupied properties is to keep former Owner-Occupants in residential property…by way of a lease contract or the creation of life estate…”
Community involvement in the disposition (or sale) of property:
Amendments provide opportunity for community members to be notified of, and oppose, the disposition of property:
Community members will be notified via posted signage at the property and information will be made available electronically.
Community members will be responsible for filing a petition within 30 days of notice of sale; 15 signatures from nearby residents (radius to be determined by Land Bank Board) are required for it to be considered a valid petition.
Upon receipt of petition, the Land Bank will be required to hold a pre-disposition Public Hearing in the neighborhood. The Land Bank may approve a disposition request only if it determines, based on the testimony received, that the disposition would be consistent with the goals and needs of the neighborhood that is likely to create a beneficial impact on the residents of the neighborhood.
Amendments state that the Board of Directors shall be guided by neighborhood plans, input from City Council Representative, and input from community groups in decisions regarding disposition of property.
Included in the amendments it states that if the neighborhood plans/priorities reflect a desire for low-income and affordable housing, the Land Bank Board shall give priority to those plans.
Concerns about staff being able to approve sale of property under $50,000:
Amend legislation to remove this in its entirety. Every disposition of property will be required to be passed by the Board.
Locally-Sourced, Minority and Women-Owned Business Enterprises, and Workforce Development Opportunities for Youth:
Amendment to Maintenance and Management Section: In addition to giving preference for locally sourcing its partnerships, joint ventures, contracts, etc. for maintenance, amendments add that preference shall be given to minority and women-owned business enterprises and to organizations that provide workforce development opportunities for youth.
The Land Bank shall also give preference to companies that provide prevailing wages to its employees.