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Land Banks
Ten year of land banking in New York shows that when granted sufficient legal powers, backed by adequate public sector funding, and led by thoughtful, entrepreneurial practitioners, land banks can help interrupt the cycle of disinvestment.
Read More »St. Louis County needed a county-wide land bank to work with local communities and partners to help return vacant and abandoned properties to productive use. But breaking the cycle of vacancy requires a comprehensive approach.
Read More »We spoke with the Albany County Land Bank Corporation’s Executive Director Adam Zaranko about affordable housing initiatives, the importance of diversified partnerships, and what’s coming up for the land bank in 2023. The Albany County Land Bank recently launched an innovative program to turn vacant properties into affordable housing opportunities….
Read More »On August 5th, 2022, Community Progress and forty-three supporting organizations across the country submitted a public comment calling for the modernized Community Reinvestment Act to center racial equity and embed land banking strategies. You can read our comment here. Passed in 1977, the Community Reinvestment Act (“CRA”) is one of…
Read More »This is an excerpt of Chapter 9 of Tackling Vacancy and Abandonment: Strategies and Impacts After the Great Recession, jointly produced by the Center for Community Progress, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland. It has been lightly edited and condensed for the web….
Read More »This is an excerpt of Chapter 8 of Tackling Vacancy and Abandonment: Strategies and Impacts After the Great Recession, jointly produced by the Center for Community Progress, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland. It has been lightly edited and condensed for the web….
Read More »This is an excerpt of Chapter 7 of Tackling Vacancy and Abandonment: Strategies and Impacts After the Great Recession, jointly produced by the Center for Community Progress, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland. It has been lightly edited and condensed for the web….
Read More »States, Tribes, counties, and municipalities around the country have been hard at work determining how to use their allocations from the American Rescue Plan Act’s $350 billion State and Local Fiscal Recovery Fund – which we often clumsily abbreviate as the ARPA SLFRF. Every unit of government should have already received at least the first…
Read More »Communities nationwide struggle with inventories of properties that are causing harm—properties that are vacant, abandoned, and deteriorated (VAD). Often these properties are concentrated in areas where an intentional history of racist policies resulted in disinvestment and denied homeownership for many Black families—a loss of wealth that has compounded across several generations. The COVID-19 pandemic has exacerbated these racial disparities and community…
Read More »Center for Community Progress recently submitted a public comment letter in response to the Treasury Department’s Interim Final Rule (“IFR”) implementing the American Rescue Plan Act’s (“ARPA”) $350 billion State and Local Fiscal Recovery Fund (“SLFRF”). The public comment period is open through Friday, July 16, 2021, and public comments…
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