Land Banking
Field(s):
Community Development, Economic Development, Housing Planning, Land Use & Law
Region of Focus:
General
Land banking is the practice of acquiring, holding, and managing vacant, abandoned, or underutilized properties for future development or community use. Land banks are often public or nonprofit entities that stabilize distressed neighborhoods, prevent speculative practices, and facilitate the redevelopment of blighted areas.
By consolidating parcels and preparing them for reuse, land banks support affordable housing, green space, and economic development projects. They also help address issues of tax delinquency and property abandonment by returning nonproductive land to productive use.
Last update:
April 16, 2025
Developed by:
The Urban Lexis Editorial Team
Contributor(s):
With support from:
ChatGPT (by OpenAI) and DeepSeek
We acknowledge the assistance of AI tools in helping draft content. Final edits, fact-checking, and curatorial decisions were made by the Urban Lexis Editorial Team to ensure quality and relevance for our planning community.