land bank

noun

: a bank that provides financing for land development and for farm mortgages

Example Sentences

Recent Examples on the Web Now blighted, Roche said the buildings have been placed in the city’s land bank. —

cleveland, 30 Sep. 2021 Palm Beach has always been a land bank. —

Jane Starr Drinkard, Curbed, 4 Aug. 2021 Bree Jones, founder of Parity, believes there is a need for a land bank, a quasi-governmental organization that would acquire and sell vacant and abandoned homes and land to ease the vacant crisis. —

Giacomo Bologna, Baltimore Sun, 27 Feb. 2023 The town will also need the support of the city’s land bank, which holds most developable land in Girdwood. —

Alex Demarban, Anchorage Daily News, 16 Feb. 2023 Baltimore City council member Odette Ramos is filing legislation next week to start a land bank in the city. —

Giacomo Bologna, Baltimore Sun, 27 Feb. 2023 He’s pushed a land bank that acquired 700 vacant lots. —

al, 22 Aug. 2021 The city is seeking requests for proposals from developers, nonprofits, and community development corporations to build and rehabilitate houses on the land bank properties. —

The Indianapolis Star, 17 Jan. 2023 In the red-hot Dallas real estate market, Builders of Hope was able to get the land on Hamilton Street in Mill City from the city of Dallas land bank, where property is designated for low-income housing. —

Dallas News, 3 Jan. 2022 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'land bank.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.