Banking on Abandoned Properties

Land banks can open the door for communities to reclaim, reinvest in, and rebuild their neighborhoods.  City and county land banks can offer a constructive community development tool by allowing counties and municipalities to avoid the potential neglect or misuse of a property that can result from selling land at auction.  Land banks can acquire abandoned land through the foreclosure process, assemble parcels, and determine the best use of the land.  The objective is to restore neighborhood and community integrity by removing dilapidated structures and redeveloping abandoned properties.  Hear from experts with experience in developing and managing successful land banks.