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What’s the deal with rural land banks? A Q&A with West Virginia Land Stewardship Corporation Executive Director Taylor Bennett

Center for Community Progress

Across the country, small and rural communities grapple with economic challenges and an aging housing stock that leads to similar outcomes: a flood of VAD properties that threaten the health, safety, and resilience of these residents. To account for these limitations, we’re seeing land banks step in as the property developer.

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A History of Ohio Land Banking 2009–2021: From Legislation to Operation

Center for Community Progress

Once-thriving middle-class neighborhoods with much history, shops, solid housing stock, and cultural treasures transitioned almost overnight into vacant and abandoned streets and retail strips. In 2006, the Ohio General Assembly passed this legislation. Ohio’s Traditional Land Bank Law.

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Challenges and Opportunities for Hotel-to-Housing Conversions in NYC

The Stoop (NYU Furman Center)

After the COVID-19 pandemic severely affected the hotel industry in New York City, policymakers considered whether to promote the reuse of distressed hotel buildings as housing. In a new white paper , the NYU Furman Center’s Noah Kazis details essential background information on the matter of hotel-to-housing conversions.

Housing 52
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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)

The Stoop (NYU Furman Center)

Introduction In November of last year, the Federal Housing Finance Agency (FHFA) published a report 1 (the Report) recommending reforms for the Federal Home Loan Bank (FHLB) System. the legislation establishing them). However, F&F launched a major lobbying effort and successfully defeated the legislation in Congress.

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Data Analysis: What 421-a Extension Requests Tell Us about the Future of Multifamily Housing Development in NYC

The Stoop (NYU Furman Center)

Projects relying on the 421-a completion extension in tandem with Mandatory Inclusionary Housing (MIH) are expected to deliver both more housing and deeper affordability to several neighborhoods across the city, according to a recent data analysis by the NYU Furman Center.

Housing 52
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Five Principles for a New 421-a Property Tax Exemption

The Stoop (NYU Furman Center)

A property tax exemption in New York City is necessary to make rental housing development financially feasible across the city’s varied markets, according to a new policy brief by the NYU Furman Center. A significant portion of New York City’s newly built housing has relied upon a 421-a exemption.

Housing 64
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Modernizing government IT: 4 approaches to overcome legacy exit challenges

AWS Public Sector Blog

Factors that shape legacy IT Whether in the private or public sector, legacy modernization is challenging for organizations that have a long operating history reliant on in-house systems and applications. This impacts the priority status of legacy IT remediation efforts.