Why Should Delaware Care? The Wilmington Neighborhood Conservancy Land Bank is the city’s primary tool for redeveloping dilapidated housing to new affordable units. The nonprofit receives funding from city taxpayers each year, but it has also been marked by mismanagement, embezzlement and accusations that it has strayed from its mission.
The Wilmington City Council will now have more oversight of the city’s embattled land bank – an organization that has faced criticism in recent years over a lack of transparency and financial mismanagement.
On Thursday, the council passed an ordinance that will require council members to approve certain appointments made to the board of directors of the organization, formally called the Wilmington Neighborhood Conservancy Land Bank…