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After Long Hiatus, Philadelphia Land Bank Will Begin Bidding on Vacant Properties

Summary by Safeguard Properties
One Community Update March 22, 2025 Source: www.phillytrib.com The Philadelphia Land Bank has reclaimed its priority bid status, enabling the public agency to acquire tax-delinquent properties at city-operated sheriff sales for the first time in five years. During a special session Saturday, the land bank’s board of directors unanimously approved a memorandum of understanding with the city’s embattled Sheriff’s Office, which had signed the agree…
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Safeguard Properties broke the news in on Friday, March 28, 2025.
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