Grant For Land Bank Twin Cities

  • Year: 2022
  • Amount: $2,100,000
  • Location: Saint Anthony, MN
  • Program: Community Innovation
  • Term: 60 Months

The Land Bank Twin Cities will spread the practice of community organizations taking site control of real estate for community-driven affordable housing and small business development. Acquired properties were at risk of speculative investment and are held until a community organization can engage in community-driven visioning and planning while increasing its capacity for ownership. Site control is a proven practice for creating wealth when properties are transferred to local ownership and providing a pipeline of creditworthy owners in BIPOC communities.