Ingham County Land Bank
The Ingham County Land Bank county authority and a strategic economic tool that supports growth and investment within our community. Dedicated to improving the quality of our neighborhoods and strengthening our communities, the Ingham County Land Bank was created to return tax reverted, purchased, donated and unclaimed land to productive use more rapidly than may have been possible otherwise.
To help protect areas from falling into decline, the Land Bank will buy, renovate and resell multiple properties in a designated area which will allow the properties to become attractive purchases to those who want to become a homeowner. This kind of reinvestment will attract good neighbors, protect property values, maintain a balance between home ownership and rental properties as well as improve the quality of area neighborhoods.
Our "PROP" Program for Homebuyers
All PROP buyers will purchase homes at reasonable prices based on an "as-is" appraisal. Upon completing work, buyers could receive up to 50% of the purchase price in credits. PROP encourages rehabilitation and energy improvements that will increase the value of the property. At any time during the term of the land contract, after all repairs and improvements are completed, the buyer can refinance the property through a mortgage lender of their choice. The buyer can also use the term of the land contract to repair credit, build equity and enjoy affordable living in a quality home that will have low utility costs.
Our Available Properties
To allow home ownership to become a reality while building wealth and hope, the Ingham County Land Bank creates home ownership through options such as down payment assistance programs, land contract terms in addition to simple and competitive financing options through local lenders.
Eden Glen Townhomes Property
Eden Glen Townhomes feature 3 different beautiful and spacious 2 or 3 bedroom floor plans to choose from.
Eden Glen Townhomes are located off of Miller Road, between Pennsylvania and Aurelius. Use Exit 104 for Cedar Street.
We're the 2011 Urban Land Bank of the Year!
LANSING - The Ingham County Land Bank was named "Urban Land Bank of the Year" by the Center for Community Progress.
The land bank, chaired by Ingham County Treasurer Eric Schertzing, helps redevelop foreclosed and other unused properties.
It buys, rehabilitates and resells houses in the Lansing area in an effort to improve neighborhoods, raise property values and put properties back on the tax rolls.
The Center for Community Progress is a nonprofit with offices in Flint, New Orleans and Washington, D.C.
Ingham County Land Bank
422 Adams Street
Lansing, MI 48906