WAYNE COUNTY COUNCIL, COMMISSIONERS VOTE TO SUPPORT LAND BANK
(Wayne County, IN)--Members of Wayne County Council and Commissioners got an update Wednesday night on the development of a land bank for Wayne County. The EDC secured the city’s part of funding earlier Wednesday. Wednesday night, EDC President Valerie Shaffer clarified exactly what a land bank does. "It will be a not-for-profit organization that will focus primarily on residential properties throughout the county. They will find an end user or a developer to rehab those properties," Shaffer said. That differs from the land trust, which uses private dollars to acquire commercial properties. County leaders last night gave their unanimous approval.
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