County Officials Say More Foreclosures, Property Abandonment Expected for Flint Michigan

Michigan

County Officials Say More Foreclosures, Property Abandonment Expected for Flint Michigan

FLINT, MI – Genesee County Land Bank officials say they are anticipating an influx of properties because of Flint’s water crisis.

Lucille James of the Land Bank told the Michigan Civil Rights Commission that the agency expects the number of foreclosed properties to increase in Flint during a July 14 hearing at the North Bank Center in downtown Flint.

The Commission held a second round of hearings on Thursday giving residents an opportunity to share their experiences, thoughts and opinions on how the Flint water crisis has impacted the housing market in the city.

James along representatives from the real estate industry, Habitat for Humanity, Legal Services of Eastern Michigan served as panelist with a number of other guest.

“With the water crisis we anticipate there will be an increase in foreclosures in the current years,” said James who estimates that the Land Bank owns anywhere from 1,400 to 1,600 properties.

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