Pittsburg Land bank works in revitalizing neighborhoods

Pittsburg Land bank works in revitalizing neighborhoods

The City of Pittsburg is increasing its efforts to improve properties in the Pittsburg area with the help of the Pittsburg Land Bank. The City says it’s continuing to change ‘blighted, abandoned, and underused’ properties into new opportunities for businesses, homebuilders, and developers interested.

The City of Pittsburg established the Pittsburg Land Bank in 2015, to convert the neglected, tax-delinquent properties to use for productive purposes.

The land bank also provides an opportunity for landowners who no longer want their property or cannot afford the maintenance required to keep them in good condition, because the land bank is a not-for-profit entity, landowners receive an added tax benefit.

“The land bank could be a way to solve a problem that a property owner may not know how to resolve, in these cases, we can eliminate a financial burden on the property owner and redevelop the property for future use,” says Holmes.

The City of Pittsburg Land Bank currently manages 39 commercial and residential properties, and expects to receive six more this year.

Holmes says that nine land bank properties were sold to new owners in 2018. This year, he hopes that the number goes up.

“Vacant properties do not aid in our city’s revitalization efforts,” he added. “Abandoned buildings and vacated lots are a drain on our local economy, and they don’t benefit the community. By selling these properties to new owners, we can increase property values and make them ready for redevelopment.”

The City has posted “for sale” signs in land bank lots around the city to advertise to potential buyers. Anyone interested in purchasing a land bank property can contact the Community Development and Housing Department at (620) 230-5550. A list of land bank properties is also available on the City of Pittsburg website at www.pittks.org/landbank.