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According to the National Land Bank Networks 2023 State of Land Banking Survey, vacant lots account for 86 percent of all land bank properties and half of all survey respondents listed vacant land stewardship as one of their top priorities. the group called out community, stewardship, legacy, values, collaboration.
Land banks are a powerful tool to address vacant properties in rural communities, and West Virginia passed land bank enabling legislation in 2014. We spoke with Taylor Bennett , Executive Director of the West Virginia Land Stewardship Corporation (WVLSC). Bennett has served as the Executive Director of WVLSC since 2021.
Vacant lots are often viewed as pieces within larger systems, such as urban planning or communitydevelopment, or overlooked entirely. Redefining vacant land as a system also highlights the importance of engaging stakeholders in achieving communitydevelopment goals. appeared first on Center for Community Progress.
By Tarik Abdelazim , Director, National Technical Assistance, Center for Community Progress Before I came to Community Progress, I spent eight years in public service in my hometown, Binghamton, New York. They can break the cycle of disinvestment and decline and pave the way to more equitable, inclusive, and resilient communities.
But conditions in the communitydevelopment landscape can also change quickly. In an example that West Virginia Land Stewardship Corporation Executive Director Taylor Bennett shared, property tax sale process reform efforts in West Virginia had stalled.
CLTs offer reliable stewardship of community land assets and a long-term promise of affordable housing (Davis 2010). Community Land Trusts and State Legislation: A Model Act to Enable This Affordable Housing Tool.” Journal of Affordable Housing & CommunityDevelopment Law 26, no. Decker, Andrew.
Greening not only remediates physical conditions, but also can add value by repurposing lots to benefit communities. Because of its connection to many critical development and ecological issues, vacant land maintenance and greening have the potential to be catalysts for broader communitydevelopment and regeneration efforts.
Established, in partnership with five other regional entities focused on community revitalization, the Equitable Communities Collaborative , to develop a more intentional, strategic, and comprehensive communitydevelopment service delivery model. Click here to learn more about our services and approach.
Are you one of the 95 percent of banks that are underreporting communitydevelopment loans under the Community Reinvestment Act (CRA)? SHOWNOTES: CommunityDevelopment Loans Demystified with Krista Shonk, VP & Senior Counsel, Regulatory Compliance and Policy, Fair & Responsible Banking, ABA.
Equity: Provides an opportunity for disadvantaged groups to access information, financial resources, vital community services, or livelihoods/employment. Ecology: Benefits or lessens impact on the natural world by improving stewardship of natural resources, or reducing energy use, waste, pollution, or materials use.
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