[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-268427-105":59,"doc-detail-268427-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","land-banks-and-community-land-trusts-progress-points","Land Banks and Community Land Trusts - Progress Points","","Across the country, communities face damaged housing supply caused by vacant, abandoned, and tax-delinquent properties, often made worse by liens and repair costs that exceed market value. Land banks and community land trusts (CLTs) work together to convert problem properties into productive use and permanent affordability. Land banks use state-enabled powers to acquire, clear title, and transition properties efficiently, while CLTs provide perpetual community control and lasting affordability through ground leases, subsidies, and pre-/post-purchase stewardship services.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/land-banks-and-community-land-trusts-progress-points/268427/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/land-banks-and-community-land-trusts-progress-points/268427.png","ImageObject",300,407,{"name":92,"@type":93},"Nguyễn Văn Học","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-02","2026-09-15",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",16,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"What problem do land banks and CLTs aim to solve?","Question",{"text":113,"@type":114},"They address communities’ inventories of harmful properties such as vacant, abandoned, or tax-delinquent homes, which are often difficult to redevelop due to liens and unclear value. They also support the need for quality affordable housing.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"How do land banks acquire and transition properties?",{"text":118,"@type":114},"Land banks rely on special powers from state-enabling legislation to gain control of problem properties more flexibly and efficiently. They use tax and lien enforcement processes to proactively acquire properties for less than amounts due, extinguish past liens, hold tax-exempt until sale, and transfer to a buyer aligned with community priorities.",{"name":120,"@type":111,"acceptedAnswer":121},"How does the CLT ground lease preserve long-term affordability?",{"text":122,"@type":114},"The CLT retains ownership of the land and enters a renewable 99-year ground lease with the homeowner. CLT limits on future sales price and ongoing subsidies help ensure homes remain accessible to low- and moderate-income buyers in perpetuity.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},268427,1789431131,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":81,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":130,"read_time":39,"preview_page_count":4},1374402739827,"https://ap-avatar.wpscdn.com/avatar/14000c97e7351f1a627?x-image-process=image/resize,m_fixed,w_180,h_180&k=1787885694763230660","Land Banks  \nLand Banks and  \nCommunity Land Trusts  \nPROGRESS POINTS  \nAcross the country, communities are still struggling  \nwith inventories of properties that are causing harm – properties  \nthat are vacant, abandoned, or tax delinquent. Many of these properties are  \nunderwater in value – meaning the amount of delinquent taxes, liens, and property repairs are more than what the property is worth.  \nThese same communities also need quality affordable housing. Rehabbing existing structures or building new units to create affordable housing is an arduous task, and taking on the added time, capacity, and cost required to acquire and get clear title to these problem properties can make affordable housing development impractical.  \nLand banks and community land trusts (CLT) are two entities that, in concert, can unlock a pipeline of problem properties to provide quality affordable housing for current and future generations.  \nThrough special powers granted by state-enabling legislation, land banks canmore flexibly and efficiently get control of and transition problem properties than other governmental or nonprofit entities. A land bank can use the property tax and lien enforcement process to proactively acquire a property for substantially less than the amounts due on the property, extinguish past liens, hold property tax-exempt until it is sold, and transition that property to a purchaser for an end use that aligns with community priorities.  \nLand banks are public entities with unique governmental powers, created pursuant to state-enabling legislation, that are solely focused on converting problem properties into productive use according to local community goals.1  \nCommunity land trusts are nonprofit organizations, governed by CLT residents and nonprofit and public representatives, that provide permanent community control of land and affordable housing.2  \nHow are land banks and CLTs different yet complimentary?  \n|  | LAND BANKS | COMMUNITY LAND TRUSTS |\n| --- | --- | --- |\n| What they do | Stabilize and revitalize problem properties, guided by local community goals | Primarily, but not exclusively, supports local community goal of lasting affordability |\n| How they are structured | As a public entity with limited governmental powers | As a private nonprofit |\n| Who governs them | Board defined by statute or local ordinance, usually a mix of elected and public officials, professionals with relevant subject matter expertise, and community representatives | Tripartite board including CLT residents, community residents, and nonprofit and public representatives |\n| How they get properties | Through special acquisition powers via state-enabling legislation (generally through tax or lien foreclosure, no eminent domain) | No special acquisition powers although nonprofit status may allow for some preferred access |\n| How long they own properties | Generally short term, but able to hold long term | Perpetual ownership of the land |\n| How they sell properties | Sell property in a diligent, yet expedited manner for flexible price to achieve community outcomes | Sell structure only to income qualified buyer while land ownership remains with CLT |\n\nLearn More about land [banks at](banks at communityprogress.org/land-banks)[ communityprogress.org/land-banks](banks at communityprogress.org/land-banks)[ ](banks at communityprogress.org/land-banks)© All information and graphics within this document are owned by Center for Community Progress.  \nThis approach offers an important alternative to a traditional tax foreclosure sale, prioritizing best local outcome over highest offer. Many communities  \nhave identified long-term affordable housing as a priority, which creates an ideal opportunity for a land bank to sell property to a CLT.  \nAlthough many variations on the model exist, CLTs most often focus on providing permanent affordable housing. CLTs are different from other nonprofit affordable housing developers in a few ways, but most critic","cbCaig5sCa1jgQuy","https://ap.wps.com/l/cbCaig5sCa1jgQuy","pdf",627440,"English","# Land Banks and Community Land Trusts\n## Problem Properties and Affordable Housing Needs\n## How Land Banks Work\n## How Community Land Trusts Work\n## Differences and Complementary Partnership\n## CLT Model Elements and Stewardship","[{\"question\":\"What problem do land banks and CLTs aim to solve?\",\"answer\":\"They address communities’ inventories of harmful properties such as vacant, abandoned, or tax-delinquent homes, which are often difficult to redevelop due to liens and unclear value. They also support the need for quality affordable housing.\"},{\"question\":\"How do land banks acquire and transition properties?\",\"answer\":\"Land banks rely on special powers from state-enabling legislation to gain control of problem properties more flexibly and efficiently. They use tax and lien enforcement processes to proactively acquire properties for less than amounts due, extinguish past liens, hold tax-exempt until sale, and transfer to a buyer aligned with community priorities.\"},{\"question\":\"How does the CLT ground lease preserve long-term affordability?\",\"answer\":\"The CLT retains ownership of the land and enters a renewable 99-year ground lease with the homeowner. CLT limits on future sales price and ongoing subsidies help ensure homes remain accessible to low- and moderate-income buyers in perpetuity.\"}]","Land Banks and Community Land Trusts - Progress Points | PDF"]