Removing Blight and Rehabbing Foreclosure Homes to Rebuild Vibrant Communities
The Montgomery County Land Bank is a public authority that works in creative ways to eliminate blight and encourage redevelopment in Montgomery County communities. We promote the rehab and reuse of abandoned, tax-delinquent properties and foreclosed homes – a proven strategy for stabilizing property values and preventing the disinvestment that can spiral into widespread neighborhood decline.
Our programs position the community as the investor of neighborhood revitalization. They also allow citizens to benefit financially from making these investments.
The Montgomery County Commissioners created the Land Bank in 2011 at the urging of the Montgomery County Treasurer. This new organization was the County’s response to the U.S. housing crisis and the growing number of tax delinquencies and foreclosures that it caused throughout the county. As an Ohio land bank, MCLB has unique authorities to address these real estate issues. And with a streamlined foreclosure process, our programs expedite distressed properties’ reuse and return to the tax roll.
Buying Foreclosures and Tax-Delinquent Properties for Rehab
If you’re a citizen or investor, the Montgomery County Land Bank has programs that make it easy for you to buy or acquire distressed properties and rehab them for your own occupancy, lease or sale. If you represent a city, village or township in Montgomery County, you can take advantage of the Land Bank’s financial support, planning grants and demolition programs to help with the hard work of neighborhood stabilization and community redevelopment at the ground level.