Tag: private property

Banking on Land Banks is Banking on Trouble

By Benita M. Dodd The new Georgia Land Bank Act expands local governments’ abilities to create a land bank, an organization with sweeping authority to acquire and dispose of vacant, abandoned or delinquent properties. But communities that race to embrace this unfortunate move will see it come back to haunt, not help, them. It sounds like a good idea at first: Get rid of the vacant properties and abandoned homes that attract crime and impact surrounding property values. The housing crisis has hit Georgia extraordinarily hard and many property owners find themselves unemployed and unable to meet tax and mortgage obligations. Citing “an overriding public need to confront the problems,” the law empowers local governments to join forces or act… View Article

“I am here today to thank the Georgia Public Policy Foundation for your role in building a fiscally conservative, pro-growth state. Not only did you help pave the way for a new generation of leadership, you continue to provide key policy advice and to hold us accountable to the principles we ran on. In short, you have had a transforming influence on this state. We are healthier, stronger, and better managed because of your efforts.

State Senator Eric Johnson, President pro tempore, Georgia State Senate more quotes