Name
Land Banks and Partnerships in Suburban Communities
Date & Time
Thursday, September 8, 2022, 9:00 AM - 10:30 AM
An Lewis Amanda Settelmaier Alan Sisco Ed Nusser Lavanya Desiraju
Description

Vacancy, disinvestment, and deterioration in the suburbs can be too-often overlooked. However, these communities too require multiple interventions to provide safe, stable, affordable places to live. Working together, land banks, development authorities, nonprofit organizations, and municipalities harness the tools to build suburban community prosperity and reduce vacancy. Being able to offer coordinated interventions simultaneously makes their impact greater and more sustainable, and ultimately translates to building a more equitable and resilient future. In this session, speakers from land banks representing suburbs in Illinois and Pennsylvania will discuss the unique role of land banks in suburban communities and how to create effective partnerships.  Attendees will come away with a deep understanding of how private-sector development initiatives working together with government powers can have profound impact to reclaim abandoned land in affected municipalities. Attendees will also gain a deeper knowledge of the intricacies of how organizational partnerships, like land banks and community land trusts, can be leveraged to support neighborhood goals like affordable housing creation, preservation, and greener redevelopment techniques to reduce climate change. 

Session Type
Breakout Session