Wilmington passes new oversight rule for the embattled Land Bank

Wilmington passes new oversight rule for the embattled Land Bank

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 …