The Genesee County Land Bank works in collaboration with the Genesee County Treasurer's Office to bring tax reverted properties back into productive use.
Through partnerships with public, private and non-profit stakeholder, the Land Bank encourages reinvestment in tax foreclosed properties.
Since its inception in 2002, the Genesee County Land Bank has taken the lead in applying the economic tools created under this new system by playing an active role in stabilizing neighborhoods and revitalizing the City of Flint and the surrounding areas. The Land Bank encourages re-use of more than 4,000 residential, commercial and industrial properties that it has acquired through the tax foreclosure process. This is accomplished through partnerships with public, private and non-profit partners as well as with the proceeds from the tax foreclosure process, proceeds from GCLB sales and rental programs, grants, loans, and bonds.
The Land Bank's mission is to restore value to the community by acquiring, developing and selling vacant and abandoned properties in cooperation with stakeholders who value responsible land ownership.
The Land Bank has 10 programs: Planning and Outreach, Brownfield Redevelopment, Development, Adopt-a-Lot, Clean and Green, Demolition, Housing Renovation, Sales, Side Lot Transfer and Foreclosure Prevention.
