Our Initiatives
neighborhood recovery
TCC Land Bank’s integrated approach to neighborhood recovery includes several components:
The integration of these components is showing success in neighborhood recovery*:
- Property Acquisition Program operates in over 130 cities in the Twin Cities metropolitan area
- 60 participating developers
- Over $4.2 million savings off listing prices for Property Acquisition Program NCST properties
- 342 single family and multifamily properties acquired or executed purchase agreements
- 125 single family and multifamily properties financed
- 429 total number of housing units acquired and/or financed
*Activities through 11/31/11
Click here for an updated report regarding our Integrated Approach to Neighborhood Recovery. |