The Philadelphia Land Bank Board has approved the Land Bank’s 2017 Strategic Plan. The Strategic Plan will now be submitted to City Council for its consideration. The Strategic Plan analyzes market conditions and resident needs and identifies opportunities where publicly owned land can support housing, green space and other reuses.
File this one under nobody’s perfect. Numerous attendees at the Jan. 5 public hearing on the Land Bank Strategic Plan called for increasing the property acquisitions and dispositions for housing affordable to very low-income households. In response, the Land Bank doubled the percentage of properties targeted for these families. Those higher percentages are included in the acquisition and disposition tables in the revised draft Strategic Plan now on the website.
Unfortunately, we forgot to apply those higher percentages to the total number of properties, and so the raw numbers of acquisitions and dispositions in the tables did not change. The corrected tables are below, and the Land Bank board will be asked at its Jan. 19 board meeting to amend the Strategic Plan to include them.
We regret the error, and we appreciate your understanding and interest in Land Bank activities.
The Land Bank has revised its Draft Strategic Plan for consideration by the Board. Based on comments received at the public hearing held on Jan. 5, the Land Bank made revisions to the acquisition and disposition goals, the acquisition and disposition policies, and to the content of the Strategic Plan. The Board will consider adoption of the revised Strategic Plan at its Jan. 19 meeting.
Philadelphia Land Bank issues Draft Strategic Plan 2016 that analyzes market conditions and resident needs and identifies opportunities where publicly owned land can support housing, green space and other reuses. The Land Bank will hold a public hearing to accept comments on the draft Strategic Plan on January 5, 2017 from 4-6 p.m. in the Planning Commission hearing room, 1515 Arch St., 18th Floor.