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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

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). The bill ran in 2014 and passed that same year. in West Virginia.

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Revisiting the Community Land Trust: An Academic Literature Review

Community and Economic Development Program of UNC

CLTs offer reliable stewardship of community land assets and a long-term promise of affordable housing (Davis 2010). CLT homeownership helps to protect property values from economic shocks—both the property owned by the trust and other properties nearby (Decker 2018, Nelson 2020). Cambridge, MA: Lincoln Institute of Land Policy, 2010.

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Approaches to Rural Property Vacancy in Law and Policy

Center for Community Progress

In most states, land banks also require enabling state legislation to be created. Second, regional initiatives could allow local governments to pool funds or draw on existing regional entities, such as planning or economic development agencies, which may have more resources and expertise to pursue land banking activities.

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