Ami Manning, executive director of Spokane Regional Land Holding Properties LLC, doing business as Spokane Land Bank, says the passage of House Bill 1974 establishes a statewide coordinated land banking authority and creates the legal and financial framework needed to make land banking a more effective, affordable housing tool. 

A new $49 million, 111-unit townhome development is under consideration in the Grandview/Thorpe neighborhood in southwest Spokane, predevelopment planning documents on file with the city of Spokane show.