A collaborative of nonprofit organizations has released the comprehensive
Georgia Land Bank Resource Manual to guide stakeholders through the process of creating new – and working with existing – land bank authorities.
The Resource Manual is the first of its kind, providing not only background context and a startup road map but also a full suite of sample legal documents and other operational templates.
These templates will help new land banks get off the ground and help existing land banks begin to operate under the new 2012 Georgia Land Bank Act.
While land banking was first authorized in Georgia more than 20 years ago, the passage of the 2012 Georgia Land Bank Act marks an important transition for land banking in the state.
The new law opens the door for regional collaboration through the creation of multi-county land banks. It also expands options for land bank revenue generation to improve financial viability. In addition, the 2012 Georgia Land Bank Act increases flexibility for local land banks to decide upon the best acquisition, maintenance, and reuse strategies for problem properties in their communities.
The Georgia Land Bank Resource Manual includes the history of land banking in Georgia, key statutes, and considerations for land bank operations. The bulk of the Resource Manual, however, consists of legal templates to directly aid implementation, including intergovernmental contracts, administrative policies, a land bank depository agreement, and a tax extinguishment resolution.
“We’re pleased to offer the Georgia Land Bank Resource Manual,” says Frank Alexander, co-author and Co-Founder of Center for Community Progress. “We hope it streamlines the land bank start-up process and ensures that more vacant properties are returned to productive use, sooner, for the benefit of Georgia’s communities.”
“The Valdosta-Lowndes County Land Bank Authority is one of our strongest partners and has been an important guide in our work to reclaim vacant properties to create homes for Georgia families,” says Stuart Mullis, Executive Director of Valdosta-Lowndes County of Georgia Habitat for Humanity, Inc. “We are thrilled to sponsor a publication that will support stronger and more creative partnerships between new and old Georgia land banks and the non-profit housing organizations in our State.”
Authors and Partners
Frank S. Alexander and Sara J. Toering, legal and policy advisors to Center for Community Progress, co-authored the Georgia Land Bank Resource Manual, which is a publication of Valdosta-Lowndes County of Georgia Habitat for Humanity, Inc. (Valdosta Habitat) and the U.S. Department of Housing and Urban Development. The Georgia Association of Land Bank Authorities (GALBA), Enterprise Community Partners, Georgia Municipal Association, Association County Commissioners of Georgia, and the Center for Community Progress are cosponsors of the publication.