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the support of local government leaders and actors. This report provides an introduction to the community land trust model by shedding light on their operation and the benefits they can bring to both residents and cities. It goes on to highlight key ways that municipal governments and local leaders can initiate or support CLTs in their ...
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Land banks are a mechanism for acquiring, holding, and distributing property in service of community goals. Land banks, which can be government supported, quasi-governmental or independent non-profit organizations, obtain land through a number of different mechanisms: tax foreclosures, municipal government transfers, donations, or open-market purch...
Land banks can be an effective mechanism to help achieve community development goals in a range of different housing market types. Regardless of the type of housing market, land banks can generally be used to: 1. Hold and maintain properties until a strategy for disposition is determined 2. Package adjacent properties together for sale to developer...
Creating a land bank
Localities interested in land banking should first check to see whether their state has passed legislation to enable land banking. According to the Center for Community Progress, as of 2021, municipalities in 28 states have land banks, and 16 states have passed state-wide land bank enabling legislation.In states that have not passed enabling legislation to give land banks greater power to acquire and dispose of properties, local governments can advocate for the passage of these laws. Land ban...
Working with a land bank
Local governments are generally directly involved with land banks that operate in their area, with local government officials often serving on the land bank’s board. In some areas, land banks also receive funding from or share staff with local governments. Local governments and land banks should work together to help meet community goals. The following are three actions a locality can take to support its land bank: Work with the land bank to clearly define the problem the land bank will addre...
Activities of a land bank should complement other community strategies and activities, such as strategic code enforcement, effective tax collection, and vacant property inventorying. A vacant prope...Especially in communities with a mix of strong and weak housing submarkets, a land bank and a Community Land Trust (CLT) may be usedto serve complementary purposes. A land bank could exercise its a...Land banks can be vehicles for promoting racial equity and reducing racial disparities. For example, in 2020, Enterprise Community Partners awardednearly $7 million in funding to existing land ban...Philadelphia’s land bank was created in 2013 in order to help repurpose vacant buildings and land for community needs. The land bank’s 2017 strategic plan emphasizes returning vacant and underutilized publicly-owned property to productive use, supporting both affordable and mixed-income housing. This strategy seeks to address the fact that some nei...
The Center for Community Progress provides technical support and resources to land banks nationwide. Their website includes a map showing more than 250 land banks. They have also assembled articles...This HUD report broadly defines land banks, outlines the elements that are critical for successful land banks and also discusses potential sources of income for land banks. Another HUD report descr...Shelterforce has a number of articles on land banking, including how to fund land banks and the difference between land banks and community land trusts, and how the two strategies can complement ea...For the purposes of this map, we define land banks as public entities with unique powers to put vacant, abandoned, and deteriorated properties back to productive use according to community goals. State laws give land banks their unique powers, which vary state-by-state.
Over the past decade, Pennsylvania has expanded the tools available to local governments to fight blight. The Department of Community and Economic Development (DCED) is helping provide information on land banks and other tools to return blighted and vacant properties to productive use.
Land banks working outside the constraints of a local government agency or department can be set up as partnerships that bring together multiple levels of government to address problems on a regional basis.
Oct 7, 2020 · The team will also work to define and communicate to local governments and agencies what types of properties are most suited for lasting affordability and attempt to share data about existing land holdings across local governments and agencies.
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How can a local government share data with a land bank?
How do local governments and land banks work together?
Can a land bank serve multiple localities?
How do local governments fund land banks?
Nov 30, 2023 · A land bank entity can serve a single locality or multiple localities, as long as the governing bodies all pass ordinances establishing or designating the same land bank. Land banks can receive property by donation, buy it on the open market, or have it transferred directly from a local government.
