LD945

This bill amends the Maine Redevelopment Land Bank Authority's powers and responsibilities, allowing it to acquire property without public entity.

This bill amends the laws governing the Maine Redevelopment Land Bank Authority by granting it powers similar to those of a corporation. It removes the requirement for an agreement with a public entity to acquire property, allowing the authority to enter into agreements with federal agencies and private parties instead. The bill also modifies the criteria for acquiring property, including properties deemed abandoned or blighted, and removes the requirement for the authority to use best practices from the Development Ready Advisory Committee when assisting entities in redevelopment activities.