City land bank plans take symbolic step

Posted: January 18, 2013

Philadelphia's plans for a land bank took a symbolic step forward Thursday when Gov. Corbett formally signed a bill, sponsored by Rep. John Taylor (R., Phila.), that will allow the city to centralize its sales of vacant properties.

Corbett signed the bill in October but appeared Thursday at Impact Services, a job training and community development program in Kensington, for a ceremonial signing because he says the legislation is crucial to reducing an estimated 40,000 vacant parcels in the city.

Councilwoman Maria Quiñones Sánchez said she expected City Council to hold hearings in February on the city legislation required to create the land bank. - Miriam Hill

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