About
Why a Land Bank
The central goal of a land bank is to transfer properties that are vacant, abandoned, and tax delinquent back to productive use that benefits communities. Strategic decisions can be made to ensure the highest impact properties are pursued and placed into productive use and taxpaying status.
The following are some benefits of working with a land bank:
A Plan for the Place
Tri-COG Land Bank is driven by a plan for the place and the data to support strategic decisions.
Not all communities have the same priorities.
We are responsive to unique community priorities and development opportunities, including:
![](https://kvq5af.a2cdn1.secureserver.net/wp-content/uploads/2020/01/neighborhoodpreservation.png)
Neighborhood Preservation
Addressing abandoned homes in stable neighborhoods
![](https://kvq5af.a2cdn1.secureserver.net/wp-content/uploads/2020/01/restoration.png)
Neighborhood Restoration
“Greening” vacant lots through side lot sales and neighborhood green spaces
![](https://kvq5af.a2cdn1.secureserver.net/wp-content/uploads/2020/01/econ.png)
Site Development
Assemble and acquire multiple lots for larger redevelopment plans
![](https://kvq5af.a2cdn1.secureserver.net/wp-content/uploads/2020/01/econdevelopment.png)
Economic Redevelopment
Acquire and repurpose commercial spaces to bring in new businesses and strengthen existing commercial districts
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