Landbank Racial Equity Review
In 2020, the Landbank Authority began a racial equity review of its policies, programs, and procedures, and in October 2022, the Authority’s board approved proposed changes resulting from that review.
The changes include prioritizing the sale of Landbank properties for owner occupancy, creating a $1 million Landbank Homeownership Improvement Fund to assist with the cost of rehabbing Landbank properties for properties going to an owner-occupant, revising scoring criteria for multiple programs to favor neighborhood residents and homeownership, and more.
The goal of the racial equity review and these changes is to improve upon our work to use Landbank properties to increase affordable housing in our city and homeownership and wealth-building for our Black residents by giving preference and priority to individuals and developers who plan to renovate structures or build new homes on vacant lots for owner occupancy and to residents who live near these properties.
Review the changes to the Landbank Authority programs and policies
For questions, please email [email protected].