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Why Land Banks Matter

Center for Community Progress

Land banks are public entities with the unique authority under state law to acquire, manage, and transform problem properties, prioritizing community goals over profit. If you’re struggling with vacant, abandoned, and deteriorated properties in your community, check out our   free online resources ,   webinars , and   publications.

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You Can Take It to the Bank: Federal Reserve System Resources for CED Professionals

Community and Economic Development Program of UNC

These two Banks are diving into issues such as housing affordability and the rural/urban divide in the Southeastern U.S. Federal Reserve System was signed into law in 1913 by President Woodrow Wilson. Fed Communities also has an associated webinar series called Connecting Communities. Rural NC house in need of repair.

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What is a land bank?

Center for Community Progress

State laws gives land banks their unique powers. A community land trust is a nonprofit that owns and provides permanent community control of land and affordable housing through “ground leases.” Community priorities and state laws determine what land banks can do with properties.

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What is a tax lien sale and why is it a bad way of dealing with vacant properties?

Center for Community Progress

After providing notice to the property owner of delinquency, many local governments have the power, granted in state law, to foreclose on unpaid property taxes. In a depressed housing market, fewer owners are able to redeem the amount of the debt sold to a tax lien buyer. However, this process typically takes years.

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Lessons from 2022 VAD Academy

Center for Community Progress

Revise laws and ordinances and change problematic policies and practices. Identify untapped market potential to build stronger housing markets. Subscribe to our mailing list so you don’t miss out on other free educational webinars. If you’re wondering “What can I do about vacant properties in my community?”

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Explaining the Cycle of Systemic Vacancy

Center for Community Progress

You’ve probably seen an abandoned house or two in your neighborhood. These empty structures and lots remain for years, deteriorating in condition, weakening the housing market, driving residents out of the neighborhood, and fueling more vacancy. But some places have many vacant and abandoned properties.

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Re-“View”ing How to Win BIL Grants

DH Leonard Consulting & Grant Writing Services

What does this have to do with winning grants under the Bipartisan Infrastructure Law (BIL)? She returned home, visited her ophthalmologist, and now sports fashion-forward glasses that have transformed her vision. Quite a bit. For example, CEJST uses 2010 data to define census tracts that comprise disadvantaged communities.