Kent County Land Bank Authority Reports Solid Numbers

The Kent County Land Bank Authority says it posted solid numbers in 2016.

The authority takes tax-reverted properties from local government, fixes them up and then sells them, getting them back on the tax rolls.

Officials with the authority say they received 131 offers on 21 tax-reverted properties last year. The average sale price was $46,000.

Ninety-five percent of the homes sold by the Land Bank are single family and owner occupied.


Sponsored Content

Sponsored Content