
A duplex at this lot at 114-116 Lawton Road was demolished after an October fire, and the property could be turned over to a new Oak Ridge land bank.
A new Oak Ridge land bank could be started with $100,000, one donated lot, and eleven parcels where homes have been demolished or are being demolished.
Oak Ridge officials said the land bank program is a tool that can help the city return vacant, abandoned, and tax-delinquent properties to productive use, one of several initiatives to improve local housing.
The Oak Ridge City Council agreed in a 6-1 vote on Monday to set up the Oak Ridge Land Bank Corp., appropriate the funds and staff support required to create and start running the program, and transfer the available city-acquired properties. Council still has to approve the program on second and final reading in September. [Read more…]





