Council delays land bank, allocates $75K for landlord fund
“The Charlottesville City Council has delayed the creation of a public-private, nonprofit land bank corporation, but has agreed to allocate $75,000 to a new city Landlord Risk Reduction Fund.
After the council adopted a resolution outlining a variety of potential housing-related programs and initiatives in June, city officials and local community members have worked methodically in recent months to flesh out those ideas, which are meant to help with the development of more affordable housing in the city.
Though some of the recent resolutions have been fairly uncontroversial, such as the adoption of a city-funded housing voucher program, several community members who spoke at last week’s council meeting said they want more say in how some of the initiatives are implemented and structured.”
Source: Suarez, Chris. The Daily Progress 26 November 2017.