Land Banking as Metropolitan Policy

Frank S. Alexander

Emory Law

October 2008

Blueprint for American Prosperity, 2008

Stable neighborhoods are key to urban prosperity, and the recent upswing in foreclosed and abandoned properties has destroyed stability in many areas. One potential solution is land banking, a process by which local governments can take title to and repurpose abandoned and vacant properties. This article argues in favor of land banking as a solution to neighborhood instability and suggests that federal support of local governments - through direct funding and tax code reform - is an important element of land banking implementation.

Number of Pages in PDF File: 39

Keywords: Real Estate, Finance, Foreclosure, land banking, landbank, vacant, abandoned

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Date posted: November 7, 2011  

Suggested Citation

Alexander, Frank S., Land Banking as Metropolitan Policy (October 2008). Blueprint for American Prosperity, 2008. Available at SSRN: http://ssrn.com/abstract=1955584

Contact Information

Frank S. Alexander (Contact Author)
Emory Law ( email )
1301 Clifton Road
Atlanta, GA 30322
United States
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