After long hiatus, Philadelphia Land Bank will begin bidding on vacant properties

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The Philadelphia Land Bank has reclaimed its priority bid status, enabling the public agency to acquire tax-delinquent properties at city-operated sheriff sales for the first time in five years.

During a special session Saturday, the land bank’s board of directors unanimously approved a memorandum of understanding with the city’s embattled Sheriff’s Office, which had signed the agreement prior to the long-awaited vote…

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