Land Banks and Land Banking

If America's cities and towns are to realize their greatest potential as welcoming places that drive the American economy, they must be able to repurpose their vacant, abandoned and foreclosed properties that diminish the sense of community among neighbors, erase the value of lifelong investment in a home, and make it nearly impossible for cities and towns to next economy. Land banks-public authorities created to acquire, hold, manage, and develop tax-foreclosed property are a tool communities can use to ensure that these properties developed with the long-term interest of the community in mind. This resource contains case studies of land banks, best practices, model land banking legislation, and sample administrative policies