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Land Bank ‘ahead of curve’ in repairing, redeveloping blighted homes

Posted at 2:01 pm December 1, 2015
By John Huotari 3 Comments

Matt Widner and Charlie Jernigan Nov. 6, 2015

Matt Widner, Oak Ridge Community Development housing specialist, left, and Charlie Jernigan, board chair for the Oak Ridge Land Bank Corp., are pictured above during a housing work session on Friday, Nov. 6, 2015. (Photo by John Huotari/Oak Ridge Today)

 

A two-year-old effort to repair or redevelop blighted and abandoned homes in Oak Ridge is making above-average progress, an official said in November.

The Oak Ridge Land Bank Corporation, the first of its kind in Tennessee, has sold two homes and donated two and has more listed, board chair Charlie Jernigan said.

Other land banks around the country haven’t had any sales until their third year.

“We’re ahead of that curve,” Jernigan said after a November 6 work session on housing at the Oak Ridge Chamber of Commerce, the second this year. [Read more…]

Filed Under: Business, Community, Front Page News, Government, Government, Nonprofits, Oak Ridge, Oak Ridge, Slider Tagged With: blighted homes, Charlie Jernigan, First Place Finish, housing, Kathryn Baldwin, land bank, Matt Widner, Oak Ridge, Oak Ridge Chamber of Commerce, Oak Ridge Community Development, Oak Ridge Land Bank, Oak Ridge Land Bank Corporation

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