About Us
operating principles
TCC Land Bank works with public, private, nonprofit, and community partners to support the creation of vibrant, sustainable homes, neighborhoods, and communities throughout the Twin Cities metropolitan area. In order to achieve this goal, TCC Land Bank is guided by the following ten main principles.
- To be a nimble, flexible, and responsive organization that can respond to potential opportunities and meet urgent community needs while consistently implementing its core activities
- To enable the efficient, effective acquisition, holding and marketing of properties acquired through various neighborhood recovery efforts
- To reduce the public cost of holding land through efficiencies of coordination and scale
- To efficiently and creatively aggregate public and private capital to support a very large scale property acquisition, disposition and marketing effort
- To provide opportunities for community and neighborhood engagement in the development and disposition of foreclosed, vacant, and distressed properties, particularly among communities of color
- To promote best practice in planning and design including high architectural standards, energy efficiency, green land and construction standards, and linkage of housing development to transportation
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To coordinate internal policies and programs with broader community development objectives including jobs, economic opportunities, transportation, public safety, schools, human services, and homeownership counseling and support, particularly among communities of color
- To provide affordable, sustainable homeownership and rental opportunities for low and moderate-income families, and to reduce the disparity between ownership rates for whites and communities of color
- To provide business, developer, and contracting opportunities for communities of color
- To support commercial and transit corridor developments that link to equitable housing opportunities and community development goals
Click here for a print friendly version of Twin Cities Community Land Bank’s Operating Principles. |