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Decision to establish Charlottesville land bank corporation pushed back
The Daily Progress Tuesday, May 22, 2018 at 10 p.m.

Handwringing over omissions in the proposed ordinance to create a land bank corporation that would obtain and transfer property for affordable housing development in Charlottesville has led to a delay in its adoption.

Expected to finalize its approval Monday, the City Council agreed to table the ordinance after an extended discussion about its merits and whether it should include restrictions and definitions the Charlottesville Low-Income Housing Coalition has requested.

“… Nobody is happy with [the ordinance] right now,” interim City Attorney Lisa Robertson said at the meeting.

Housing Coalition activists are asking for the ordinance to include a restriction that would allow the land bank corporation to collaborate only with the Charlottesville Redevelopment and Housing Authority and nonprofit housing organizations for the purpose of affordable housing development for families and individuals making less than 40 percent of the area median income.

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