Effective Land Banking Strategies for Different Housing Markets

Posted by on July 30, 2012

“Effective Land Banking Strategies for Different Housing Markets”

Wednesday, August 1, 2012, 3:00 p.m. – 4:00 p.m. (ET)
Session Description:

Over the past decade, land banks have emerged as flexible housing-stabilization tools that municipalities can use to manage excess residential property. Municipalities have formed and programmed these property-disposition organizations in response to variables in their local housing markets, such as the acquisition costs of excess properties, the ownership status of vacant and abandoned property, and the local demand for housing. As a result, the roles and effectiveness of land banks vary from city to city. Through presentations by academics and practitioners, this Connecting Communities forum will explore how land banks can best operate given their local housing and demographic conditions.
Speakers for this session include:

Frank Alexander, Sam Nunn Professor of Law, Emory University School of Law
Thomas Fitzpatrick, Economist, Federal Reserve Bank of Cleveland
Chris Norman, Executive Director, Fulton County/City of Atlanta Land Bank Authority

The session has been organized by the Federal Reserve Bank of Minneapolis. Jacob Wascalus, community development project manager, Federal Reserve Bank of Minneapolis, will serve as moderator.

To register, go to: https://www.stlouisfed.org/bsr/connectingcommunities/