The concept of land banking began in the 1960s as communities sought solutions to urban disinvestment. The idea is simple…to create a governmental entity that focuses solely on the conversion of vacant, abandoned and tax-delinquent properties into productive use. Land bank authorities achieve this goal by acquiring and overseeing redevelopment of these properties.
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The Connecting Communities® webinar series is a Federal Reserve System initiative intended to provide a national audience with timely insights and information on emerging and important community and economic development topics.
