Philadelphia recently became the largest U.S. city to create a “land bank.” As new land banks spring up across the country, it is important to take a close look at what needs to accompany them if we want to have real impact.
Mar 14, 2014 Urban Direction
In Philadelphia, an alliance of unusual suspects worked together to convince the city to create the land bank. The law isn't perfect but the new land bank will significantly improve the city’s vacant property process.
Feb 2, 2014 Shelterforce
Seeking to stabilize healthy neighborhoods and revitalize others, Philadelphia is planning to establish a land bank to "consolidate its inventory of distressed real estate," reports Jon Hurdle. The plan could become a national model.
Sep 23, 2013 The New York Times
Although the nation's housing market appears to be improving, the foreclosure crisis is far from over. Following in the footsteps of other localities, Cook County, Illinois, is creating a countywide land bank to help address its foreclosures.
Jan 25, 2013 The Architect's Newspaper
Joining a host of other Midwestern cities establishing land banks to help corral, clear, and repurpose their vacant properties, Kansas City will begin transferring 3,500 vacant properties it recently acquired into a city-owned land bank.
Oct 29, 2012 The Architect's Newspaper
Plagued by foreclosures, DeKalb County Georgia is buying up properties and creating a land bank in hopes of spurring redevelopment.
Aug 17, 2011 Atlanta Journal Constitution