April 14, 2023·Ranson Financial·1 min read
Topeka City leaders are weighing a new proposal to transform many of the city’s vacant and blighted properties into livable housing. District 8 Councilman Spencer Duncan introduced a plan to implement a land bank program to rehabilitate residential properties. A land bank’s sole purpose would be to acquire and repurpose foreclosed, vacant and abandoned properties – and turn them into affordable housing. A recent city housing study found Topeka needs to add more than 400 units in the next five years to meet the current housing demand.
Source: KSNT 27 News

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