Online Event Location: https://realtors.zoom.us/meeting/register/tJYqfu-hpzspGdMgTqQZnFJuGK2FnSURAnmJ

While vacant, abandoned, and deteriorated (VAD) properties have plagued communities for decades, the economic and social shocks of 2020 brought on by a global pandemic, make the need for coordination and strategic revitalization interventions even more critical.

Policy, Practice, Process: Transforming Neighborhoods through Equitable Revitalization – a six-part, online education series – focuses on realizing equitable revitalization strategies. The series will equip REALTORS® with the knowledge and skills necessary to meaningfully partner with local government decision makers to address VAD properties. Each session will feature actionable items for REALTORS® and their local government partners to consider.

The series will explore why VAD properties exist and how they affect community stability; how data can guide equitable, effective, and efficient solutions; how to transition VAD properties into assets; and opportunities for building partnerships between REALTORS®, local government, and community stakeholders focused on addressing VAD properties.

Session 5

Land banks can help resolve some of the toughest barriers that keep properties stuck in decline and assist in reestablishing property markets, stabilizing property values, and returning properties to productive use after sudden shocks or long-term decline. When operating with a strong commitment to equity, land banks can also provide new opportunities for homeowners and communities to thrive.