The City Council authorized the Director of the Department of Development to convey four parcels of real property, held in the Land Bank, to four separate entities for the construction of new two-family houses. These houses will be rented to households at or below 80% of the area median income under the Land Bank’s Moderately Priced Housing Initiative. The parcels are located at 858 Miller Ave., 885 Miller Ave., 917 Miller Ave., and 1051 Miller Ave. The entities involved are Ekari P 858, LLC; McAdams Family Ventures, LLC., Series 3; 917 Miller Ave., LLC; and Wax Investment, LLC. This action aims to expedite the transfer to finalize construction contracts and meet an August closing date set by the Affordable Housing Trust. The property transfers are part of the Land Reutilization Program, which facilitates the return of nonproductive land to tax revenue-generating status or public use. The sale price for the parcels ranges from $10,029.00 to $14,854.00, plus a $195.00 processing fee for each. The legislation was declared an emergency measure.