Authorizing the Philadelphia Redevelopment Authority to execute and deliver to the Philadelphia Land Bank a deed conveying title to 3830 Wallace Street, located in the 3rd Councilmanic District, pursuant to the requirements of the Commonwealth Land Bank Act.

This resolution, introduced by Councilmember Gauthier and adopted on December 11, 2025, authorizes the Philadelphia Redevelopment Authority (PRA) to transfer ownership of the property at 3830 Wallace Street in the 3rd Councilmanic District to the Philadelphia Land Bank. This transfer is conducted without consideration and is pursuant to the Commonwealth Land Bank Act (Act 153 of 2012), which allows redevelopment authorities to convey properties to land banks with local governing body consent. The purpose is to promote the public objectives for which the Philadelphia Land Bank was created, typically involving the revitalization and productive reuse of vacant or underutilized properties.

The transfer of 3830 Wallace Street to the Philadelphia Land Bank means this property will be managed for public benefit, potentially leading to its redevelopment for housing or community use, improving the neighborhood in the 3rd Councilmanic District.

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