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This bill allows land banks to acquire blighted or abandoned properties under specific conditions. Municipalities must verify properties have been vacant/blighted for 5 years (with exceptions for unimproved land), have building code violations or tax delinquency, and send three certified mail notices to owners. Property owners can appeal by submitting a redevelopment plan with financing, architectural details, or developer contracts; if approved, they get 6-month extensions but must meet redevelopment timelines. Land banks must pay owners the property's appraised value minus fines or liens, directly affecting land banks, municipalities, and owners of distressed properties.
HB 369 amends Pennsylvania's land bank law by updating two key definitions in the property code. It changes "land bank jurisdiction" to allow two or more small municipalities (each with fewer than 10,000 residents) to form a land bank together through an agreement. The bill also expands "municipality" to include home rule, optional plan, and optional charter municipalities. These changes clarify which local governments can establish land banks under current law. The bill takes effect 60 days after enactment.