Land Banking - - Returning Properties to Productive Use

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.