«Expanding the number
of land banks throughout the state provides a boost for struggling urban communities, empowers municipalities and opens countless doors for community revitalization and economic development,» Silver said.
Not exact matches
«For a moment I was a little afraid, because there was a serious monsoon
of efforts to create community gardens and green spaces, none
of which generate any revenue,» said Bey, referring to dozens
of community gardens the
land bank has established
throughout the city.
He noted that Attorney General Eric Schneiderman has already helped to fund more than a dozen
land banks throughout the state with money he recovered from major lenders involved in the housing crash — and had announced a new round
of funding last month.
The premise
of the study was devised when the Genesee County
Land Bank Authority began its Clean and Green program 13 years ago to spruce up vacant property
throughout the city.
As discussed in Chapter 3 in relation to the World
Bank's experience in
land titling
throughout the world, economic development that disregards the cultural context
of a community can lead to unforeseen problems and be ultim ately unsustainable.