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land banks

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Ten smiling people of varying ages and skin tones, all clad in purple T-shirts, stand at the far side of a garden, all of them holding shrubby green plants in black pots to be planted in the dark-brown newly turned soil. Toward the near side of the garden, a shovel lies waiting to be deployed. Behind the garden is a brick building with a mural showing adults and children raising their arms, mouths open in song or chant.

Supreme Court Decision: Good for Homeowners, Bad for Land Banks?

A SCOTUS ruling that protects a homeowner’s equity may end up benefiting speculators and hurting land banks.

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View from the end of the driveway of a new-looking white two-story house with a two-car garage, front porch with an overhang, and a gabled roof. The front yard is still all muddy soil with tire tracks.
Policy

When a Land Bank Starts a Land Trust

An Ohio land bank adds to its developing power through a nonprofit land trust.

Community Control

Atlanta Land Trust—From Central Server to a Centralized CLT

If at first you don’t succeed, partner with a land bank.

Housing

Lessons from the Last Housing Crisis: How to Get Control of Properties

How to keep affordable apartments and single-family homes out of the hands of institutional investors if the coronavirus pandemic leads to a giant wave of evictions and foreclosures.

State policies on everything from taxation to land bank funding can make the difference between a vacant property and a well-care-for property like this one in Milwaukee, Wisconsin.
Community Development Field

State Policies Play a Central Role in the Fight Against Vacant Property

Abandoned and vacant properties seem like a quintessentially local problem. But state policies have a huge effect on how well municipalities can fight it.

Policy

How to Fund Land Banks

The number of land banks grew dramatically in the wake of the foreclosure crisis. So has our understanding of how to successfully fund them.

Housing

Land Banks and Community Land Trusts: Not Synonyms or Antonyms. Complements

Land banks and community land trusts (CLTs) are often perceived as one and the same. That doesn’t reflect reality.

Affordability

Interview with George McCarthy, President of the Lincoln Institute of Land Policy

After 14 years at the Ford Foundation, George “Mac” McCarthy became the fifth president of the 41-year-old Lincoln Institute of Land Policy.

One-pager showing differences between municipal land banks and community land trusts. Image links to pdf version.
Community Control

Q: Is a Land Bank the Same as a Land Trust?

A: Nope. They are totally different, though complementary tools. This chart will walk you through the differences.

Housing

Philadelphia Achieves Land Bank Through Compromise

Philadelphia is about to become the largest city in the country with a land bank. A land bank is a nonprofit or government agency whose sole function is to efficiently […]

Housing

Banking on Neighborhood Stabilization

Even the most sophisticated private and nonprofit partnerships for dealing with vacant property will end up with some properties that don’t pencil out. Land banks can step in to keep those properties from dragging down revitalization efforts.