Land Bank Twin Cities

2 Grants from 2022

  • Total Amount Received: $4,100,000
  • Location: Saint Anthony, MN

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.

Grants received

$2,000,000 in 2022

  • Program: Community Innovation
  • Term: 120 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.

$2,100,000 in 2022

  • 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.