Laura Lafayette - Richmond Association of REALTORS®, Central Virginia Regional Multiple Listing Service
Land banks can help resolve some of the toughest barriers that keep properties stuck in decline and assist in reestablishing property markets, stabilizing property values, and returning properties to productive use after sudden shocks or long-term decline. While land banking is often perceived as the “silver bullet” to addressing vacant and abandoned properties, it is important to understand what other systems should be leveraged to support the success of land banks.
- Land banking – what is it?
- How land banks can be most effective in community revitalization
- Land banking as a tool neighborhood stabilization during economic crisis
- Successful partnerships between REALTORS® and land banks