Name
How Public-Private Land Bank Partnerships Can Foster Equitable Revitalization and Affordable Housing Opportunities 
Date & Time
Friday, September 9, 2022, 10:45 AM - 12:15 PM
Adam Zaranko
Description

The Albany County Land Bank will share the results of an innovative and ambitious project launched in 2019 that resulted in the redevelopment of dozens of clustered vacant properties into affordable townhomes, rental buildings, and community service hubs. In a first-of-its-kind partnership, the land bank was able to combine the experience of an established private housing developer with the site control and access to community groups of a land bank. This partnership created opportunities for equity in Albany’s South End—a previously redlined, underserved, majority-Black neighborhood. This session will cover how land banking can successfully create reinvestment opportunities in historically underserved communities, demonstrate how land banks can attract private investment into these communities, and explain how to develop a strategy for revitalization that accounts for multiple community priorities.

Session Type
Breakout Session