DeKalb Regional Land Bank Authority Land Banks – 101 DeKalb Regional Land Bank Authority

DeKalb Regional Land Bank Authority Who we are: DeKalb Regional Land Bank Authority Intergovernmental Agreement between: DeKalb County City of Decatur Staff Michael Tuller, AICP – Executive Director Cassandra Webster – Program Analyst

What is a Land Bank? A Land Bank is a quasi-governmental entity Land Banks focus on acquiring vacant, abandoned, and tax-delinquent properties.

Why did the DeKalb Region develop a Land Bank? There are a large number of properties in the DeKalb region that are in a state of vacancy, abandonment, and deterioration. These issues stem from the Great Recession of the mid-2000s and have continued slow the DeKalb region’s economic recovery and quality of life for its citizens.

Why did the DeKalb Region develop a Land Bank? There are a large number of properties in the DeKalb region that are in a state of vacancy, abandonment, and deterioration. These issues stem from the Great Recession of the mid-2000s and have continued slow the DeKalb region’s economic recovery and quality of life for its citizens.

What is the purpose of a Land Bank? Land Banks acquire these properties in order to foster the public purpose of returning the land which is non-revenue-generating, non-tax- producing status to an effective use. This process helps to provide housing, new industry, and jobs for the citizens of the county and region.

What is the function of a Land Bank? Land Banks acquire these properties in order to foster the public purpose of returning the land which is non-revenue-generating, non-tax- producing status to an effective use. This process helps to provide housing, new industry, and jobs for the citizens of the county and region.

The DeKalb Regional Land Bank Authority’s Action Plan: Phases 1 & 2 November October December DRLBA Executive Director presents potential properties for acquisition/disposition to the DRLBA Board of Directors during their monthly scheduled meeting for concurrence in bringing the properties into the land bank through the DeKalb County Board of Commissioners approval. DeKalb County transfers 15 unredeemed unforeclosed properties to DRLBA for costs of officers levying fee and DRLBA gains interest in those 15 properties. Environmental Assessments and Property Appraisals scheduled and conducted for candidate properties DRLBA receives unrestricted funds for officers levying fee. DRLBA initiates Foreclosing the Right of Redemption proceedings (2 month process). DRLBA Staff advertise RFQ/RFP for contractors to perform (a) landscaping/trash removal/ property stabilization, (b) Residential Rehabilitation Developers (non-profit and for-profit), and (c) insurance agency property liability policies solicited. Foreclosing the Right of Redemption process completed. DRLBA Staff initiates property liability policies for all the subject properties under the land bank’s direction. Quiet title proceeding would commence subsequent to Foreclosing the Right of Redemption on the respective properties. DRLBA and development partner establish work plan to rehabilitate the property with the DRLBA stabilizing exterior of property and development partner rehabilitating interior. PHASE 1 Barment Process PHASE 2

The DeKalb Regional Land Bank Authority’s Action Plan: Phase 3 Upon transfer, development partner holds responsibility and ownership of the property and becomes responsible for transfer of property to new owners based on NSP guidelines. January December Property Environmental Assessments and Appraisals completed where candidate properties are prioritized for rehabilitation initiatives based on report findings. Properties listed on the DRLBA website for acquisition/disposition activities. Awarded contractor(s) begin exterior property stabilization processes, including trash removal, landscaping, and property stabilization of the residential structure, as necessary. Third-party developers (non-profit and/or for-profit) awarded properties for rehabilitation in a priority orientation. Development Agreements created and endorsed during barment process. DRLBA upon completed rehabilitation transfers property to development partner for fees equivalent to DRLBA’s investment in the property (approximately $10-$12k). Properties completed for rehabilitation marketed for low/moderate income residents to take possession after inspections and occupancy certificates have been processed February March DRLBA monitors activities of contractors and maintains all necessary federal reporting requirements.

Current Assessed Value Map Indicator ParcelID Address City Deed Year Zone CD Levying Officer Fees Total Taxes Owed Current Assessed Value   A 16 069 02 013 5827 CHRISTOPHER LN Lithonia 2010 R100 5 (7) $355.68 $7,594.20 $118,000.00 B 16 035 01 252 1327 MUIRFOREST WAY Stone Mountain RCD $422.37 $6,223.28 $ 26,100.00 C 15 188 01 094 1684 LIBERTY VLY Decatur R75 $478.03 $7,317.03 $ 27,800.00 D 15 135 04 001 2271 COLUMBIA DR 3 (7) $474.57 $9,897.00 $ 67,520.00 E 15 170 15 011 2662 NORTHVIEW AVE Candler-McAfee $477.39 $9,098.07 $ 63,100.00 F 18 125 02 020 1260 W RIDGE AVE 2009 4 (7) $313.37 $6,347.27 $ 32,800.00 G 15 151 09 085 2490 BRENTWOOD RD 3 $445.99 $6,371.39 $ 80,500.00 H 15 188 11 019 1813 W AUSTIN RD $477.22 $6,811.09 $ 88,900.00 I 15 198 03 005 3465 JACKSON DR $559.66 $12,191.57 $ 95,300.00 J 15 043 02 093 3858 ROLLING PL Conley 3 (6) $485.08 $7,624.49 $102,900.00 K 15 137 09 022 2474 OUSLEY CT $494.93 $7,584.40 $100,800.00 L 15 081 09 001 1173 KEY RD Atlanta $382.96 $6,134.67 $ 47,040.00 M 16 059 02 058 5587 SAINT THOMAS DR RA5 $459.83 $6,533.39 $ 27,900.00 N 15 188 09 021 3619 TULIP DR $485.30 $7,634.41 $102,300.00 O 16 091 04 003 2003 HILDA BURNS PLACE 2011 $786.32 $8,756.40 $44,640.00

How you can get involved: If there are any vacant or abandoned properties in your neighborhood contact the Land Bank. The Land Bank will investigate the property to determine whether it is a potential candidate for acquisition by the Land Bank. The Land Bank will then provide a response to you regarding whether or not it can acquire the property at this time and provide insight into potential next steps regarding the property in question.