Monday, July 20, 2009

Land banks used to fight blight in Flint, elsewhere - Detroit Free Press

FLINT — In downtown Flint, the historic Durant Hotel sat empty for more than 30 years until a financial tool led to its current $30-million renovation. That tool is the land bank, an idea gaining national attention for its positive impact on urban ..., more 
and City initiates foreclosure of Target property - Press Banner  Scotts Valley has authorized its attorney to begin the foreclosure process on the 17½-acre parcel slated for a 143,000-square-foot Target store on La Madrona Drive. Landowner Title Two Investment Corp. failed to pay more than $310,100 it owes in ..., more 
and Rapid City businessman faces lawsuit - Sioux City Journal  RAPID CITY, S.D. -- A Rapid City businessman facing foreclosure proceedings by several banks is now being sued by a local developer. Developer Doyle Estes says in court documents that Doug Hamilton entered into an agreement in late 2007 to buy ..., more 

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