Land Banking 101: An Introduction to Land Banks and the New Jersey Land Bank Law

Land banks are a powerful tool to help return vacant, abandoned, and deteriorated (VAD) properties to productive use.

Land banks are governmental entities, typically authorized pursuant to state law, that acquire, hold, and steward vacant, abandoned, and tax-delinquent properties to support equitable community development outcomes. While land banks are not a silver bullet for vacant properties, they can be a powerful tool for disinvested communities to advance community-driven goals in support of more equitable, inclusive, and resilient neighborhoods.

This webinar will cover:
• The history and unique functions of land banks in equitably addressing vacant and tax-delinquent properties
• Key provisions of the New Jersey Land Bank Law
• Innovative practices and trends from the more than 250+ land banks operating nationwide

This webinar was developed, in partnership with the Housing and Community Development Network of New Jersey, as part of a focused, state-wide initiative to support land banking in New Jersey.