C. Establish and operate land banks for homes and residential

Community Redevelopment Advisory Board Regular Meeting · 2026-05-28 · agenda_item

This item proposes the establishment and operation of land banks for foreclosed homes and residential properties. The Community Redevelopment Advisory Board of the City of Winter Park is considering this plan. This initiative is currently under review. If approved, the land banks would manage properties that have gone through foreclosure. This process could involve site preparation, property maintenance, and eventual resale or redevelopment of these residential properties. Businesses involved in property management, real estate services, construction, and related trades could find opportunities as this plan moves forward. Early engagement may provide an advantage before specific plans and contracts are finalized.