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The Craig Fahle Show

Wayne County Land Bank Adrift

Monday, November 14, 2011

"Scrutiny of Wayne County government has widened to include the county land bank, which appears to have been operating with little oversight and fewer controls than other land banks. Three of the board's five seats are vacant, and its executive director has broad powers to make deals without board approval. And unlike other land banks, which deal with distressed properties, Wayne County's primarily operates as a revolving door to generate tax breaks for privately owned developable land..." -Nancy Kaffer, Crains Detroit Business-

Craig speaks with Nancy Kaffer about management of the land bank.

Listen to this segment by clicking on the audio player above. Tell us your thoughts below!

Image courtesy of Crain's Detroit Business.