Take it to the Bank: How Land Banks Are Strengthening America’s Neighborhoods
The Center for Community Progress has released a national land bank report titled Take it to the Bank: How Land Banks Are Strengthening America’s Neighborhoods.
The report is divided into three primary
sections:
- Section One: The View from Our Seat – A brief introduction to land banks, including Community Progress’ perspective on best practices within this rapidly growing field of practice.
- Section Two: National Scan – A summary of Community Progress’ 2013–2014 national scan of land banks, based on interviews with more than 40 land bank officials and online research on an additional 25 land banks.
- Section Three: Meet the Land Banks – Portraits of seven land banks. Though each is independently incubating creative approaches to vacancy, when viewed side by side, they capture one of the greatest benefits of a land bank: adaptability.
This report depicts the local conditions, actors, and narratives that together comprise the national story of land banks. However, due to variations in state and local legal frameworks (described in greater detail in Section One), the movements in Michigan, Ohio, Georgia, New York, and elsewhere that together make up this national story are each worthy of more detailed description than can be addressed within the scope of this report. Nevertheless, the authors hope this report is of use to both practitioners and others with an interest or role in land banking in the United States.
Please click here to view the report in its entirety.
About Safeguard
Safeguard Properties is the largest mortgage field services company in the U.S. Founded in 1990 by Robert Klein and based in Valley View, Ohio, the company inspects and maintains defaulted and foreclosed properties for mortgage servicers, lenders, and other financial institutions. Safeguard employs approximately 1,700 people, in addition to a network of thousands of contractors nationally.
Website: www.safeguardproperties.com.