Donate a Property
Tri-COG Land Bank welcomes donations of vacant properties that are located within our member communities, where a beneficial end use can be determined for the property. Donations may be accepted that support community stabilization and provide opportunity for owner occupants, responsible developers and investors. Residential and commercial properties may qualify.
Please complete the steps below if you’d like TCLB to evaluate your property for donation.
Submitting a form does not guarantee the Land Bank will accept the donation of the property. TCLB reserves the right to refuse any property donation.
Steps to Donate a Property
Step 1: Confirm Property
Step 2: Submit Application
Step 3: TCLB Meeting
Step 4: Property Evaluation
TCLB will evaluate the property, which may include contacting municipal staff, completing an exterior and interior assessment, taking photographs, conducting a title search, and scoring the property using a standardized rubric.
Step 5: Board of Directors Approval
If TCLB decides to proceed with the donation based on this evaluation, the Donation Application will be forwarded to the Board of Directors for approval.
Step 6: 60 Day Wait
TCLB will notify the members where the properties are located to ensure their approval. This process can take 60 Days.
Step 7: Donation Agreement Completion
Step 8: Final Closing Steps
If the property is found to be subject to a mortgage, judgment, or other liens, the property owner must pay them in full prior to the date of closing.