Source: By Jay Dunn Republican-American

Date: June 23, 2022

WATERBURY - Nancy MacMillan has been named executive director of Waterbury Land Bank Authority, which was approved by the Board of Aldermen in January.

With an extensive background in real estate, finance and community redevelopment, MacMillan comes to the position from Loyola Development Corp. in Waterbury, best known for the Liberty Commons project on South Main Street.

MacMillan will work with a seven-member board of directors to target distressed residential property, vacant lots and land. 

"We are entering an exciting new phase with the establishment of the Land Bank Authority here in Waterbury," Mayor Neil M. O'Leary stated in a release. "I am ecstatic to have someone with Nancy's experience and understanding spearheading the city's efforts to bring blighted, abandoned and distressed properties back onto the tax rolls and into productive use."

Board members are Chairman Frederick Luedke, a former Republican alderman; Vice Chairman James Gatling, retired president and CEO of New Opportunities; Gawdys Grullon from New Opportunities; Capt. Daniel Lauer of Waterbury Police Department; Joel Becker from TorrCo; treasurer Robert Polito from Harold Webster Smith Foundation; and secretary Mark Malaspina of Carmody, Torrance, Sandak, & Hennessey.

The authority will be a nonprofit 501(c)(3) organization, one of just two such land bank authorities in Connecticut.