Municipalities enter into land bank agreements with redevelopment entities. In doing so, municipalities designate redevelopment entities as land bank entities. Procedures are written into land bank agreements which spell out the processes land bank entities utilize to acquire properties on behalf of municipalities. “Mr. Market” isn’t absorbing land bank properties. There are reasons for this. Such as… Back taxes. Clouded titles. Rehab budgets which could exceed appraisal values. Limited “comps.” We do have an inventory challenge. We do have housing affordability challenges. Don’t we?...