The major concept of landbanking is to acquire and purchase vacant and underutilized property with the future goal of productive reuse of the land.
Land bank policies should have a narrow focus in the goals and objectives for vacant land reutilization.
Too many goals, functions, and expectations will decrease a land bank’s ability to fulfill any of its responsibilities effectively The strongest land banks seem to be those with the clearest goals and objectives… such as Genesee Land Bank (Michigan) and the existing Cleveland land bank.
The reasons as to why we should begin land banking in Buffalo are many..I will throw out some of the following.
