Hutchinson Land Bank transfers 1st property
Aug 17, 2015
Hutchinson Land Bank transferred its first property since its inception to Interfaith Housing Services Inc. on Tuesday, the city announced.
The property at 300 E. Ave. G will be used to construct a pair of three-bedroom, two-bathroom modular homes, including one with a basement. The main floor of both will be just over 1,100 square feet, Interfaith Housing Director of Operations Ron Fisher said in July.
"We are very excited to transfer our first property," land bank chairman Mark Eaton said. "And we have three other properties that are in various stages of transfer."
The Hutchinson Land Bank was formed in January 2014 to acquire, manage and return to productive use vacant, abandoned and tax-foreclosed properties. The land bank is legally separate from the city and is governed by a board of trustees.
The Avenue G property was donated to the land bank in January 2015. Interfaith Housing received a grant from the Department of Housing and Urban Development to do a test build of modular housing on the site.
"We are working to improve the neighborhood, and partnering with the land bank worked well for us," Fisher said in the city's announcement.
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