The MWCLT Richmond Land Bank provides a strategic, streamlined, and transparent method for repurposing vacant and tax delinquent property into assets that address community needs and desires.
Coming Soon to Brookland Park Boulevard:
An affordable community pharmacy, primary care, and preventative care center
Land banks are entities that acquire, maintain, and return vacant and blighted property to productive uses.
What is a land bank?
They generally work within a certain locality or region, and can be related to local government or nonprofits. Land banks help leverage public and private resources to transform “problem properties” into community-oriented uses. In this role, land banks serve as the intermediary between local governments, who assist in land acquisition, and community organizations, who need land to advance their missions.