The Land Bank receives blighted properties from the Genesee County Treasurer after people stop paying their taxes and the land goes through tax-foreclosure. GCLBA currently has about 15,000 properties in its inventory. Of those, over 4,000 have structures remaining, the majority of which have been left vacant for years before they end up in our inventory. Our priority is to sell viable structures to responsible owners who will invest in renovations and improvements. However, because houses are vacant for so long before we receive them, roughly 74% of the structures in our inventory are blighted beyond repair and in need of demolition. Click this link to read more - https://www.thelandbank.org/downloads/FINAL_LBA-Newsletter-Annual-Report-FY-2021-2022-Winter2023.pdf
