Celebrating 20 Years of Land Banks in Michigan
Center for Community Progress
AUGUST 17, 2023
Positive impacts of land banks in Michigan All across the country, land banks have documented positive benefits for the communities they serve. Of the more than 15,000 homes sold by the Detroit Land Bank since 2014, about 70% were bought by Detroit residents. and the mortgage rate increased 5.6% What’s next for Michigan land banks?
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