The document outlines strategies to revitalize vacant, abandoned, and foreclosed properties, emphasizing a comprehensive approach involving community engagement, policy reform, and effective land management. It highlights the Center for Community Progress's mission to transform distressed urban areas by viewing vacant land as opportunities for investment rather than liabilities. Key elements include tax foreclosure reform, land banking, and redevelopment tools across various U.S. cities to spur economic recovery and community well-being.

1. Re-imagining Communities: Discovering New Strategies to Confront Vacant, Abandoned, and Foreclosed PropertiesnAPA Florida 2011Dan Kildee, Co-founder and President Center for Community Progress

2. Community Progress Launched in 2010Takes to scale the efforts of the nation’s leading organizations and individuals on issues of revitalization and reuse of vacant, abandoned, and underutilized properties.The mission: to create vibrant communities through the reuse of vacant property in America’s cities and towns - to transform the systems that affect how the community development, government, and private development fields repurpose these properties and communities. Technical Assistance & Capacity Building, Policy & Research, Coalition Building, and Communications.

3. Center for Community ProgressLocated in Washington, DC; Flint, Michigan; New Orleans, Louisiana.

4. Currently engaged in over 50 cities across the country, including places in Michigan, Ohio, Pennsylvania, New York, Maryland, New Jersey, Tennessee, Georgia, Minnesota, Louisiana, Indiana, Illinois, Delaware. Initial work in Florida, California, Colorado, Alabama, Arkansas.

5. Strong emphasis on state policy and the role of public leadership to address vacant and abandoned properties as a key to economic recovery.Vacant, abandoned, forgotten properties and land Effective vacant property strategies require a systemic approach – simply taking a transactional approach is not sufficient in most places

6. Focus on the continuum of strategies and tactics – from planning and development – to regulation and enforcement – to acquisition and redevelopment.

7. Investment, not liquidation. All land has value, if you treat land as real estate

8. Title of SlideBullets

10. Chronic vs. acute drivers of abandonmentCurrent “acute” housing crisis:Transactional, product driven – and systemic

11. Pervasive across markets

12. LiquidationChronic abandonment:Economic changes

13. Population loss

14. NE/MW

15. Disinvestment

16. Obsolete systemsShrinking Cities – Legacy CitiesOf the 51 cities over that lost population from 1990-2000, 48 lost again from 2000-2010Economic recovery will not restore population in most of these citiesDesign matters. Size doesn’t have to.Planning must move beyond growth

17. Comprehensive vacant property strategyRequires a change in orientation regarding vacant and abandoned (urban) landOld thinking: Nuisance, surplus, annoyance, police, regulate, enforce, liquidateEmerging thinking: Asset, opportunity, investment, real estateNew reality: Vacant land revitalization is essential to economy

18. Comprehensive vacant property strategy(contd.)Community engagementOngoing commitment to planningTax foreclosure reform Land BankingRedevelopment toolsAll of these strategies are empowered by willingness to take action to address vacant and abandoned property – and to take title

19. Key elements of regional approach:Tax foreclosure reform (1999)Genesee County Land Bank (2002)Scattered-site Brownfield redevelopment (2003) Genesee County, MI (Flint)

20. Tax foreclosure reformElimination of tax lien sales

21. County-wide collection process

22. Replace privatized system with DTAN/foreclosure How it works:County issues short-term bonds for back taxes

23. Tax collector collects principal and penalty

24. Collections generate public “profit”

25. On $50 million in delinquency, $3-5 million in surplus

26. Title and equity to foreclosed property is “public”Land Bank Authorities A land bank is a public authority or nonprofit created to efficiently acquire, hold, manage and develop foreclosed property, as well as other vacant and abandoned properties.

27. Genesee Land BankTakes title to tax-foreclosed properties across county

28. Evaluate property for reuse

29. Sell land as REAL ESTATE based upon policies and local plans - $2.5 million in 2010 salesHow it works:Foreclosed property diverted from auction to Land Bank

30. Demolition

31. Rehabilitation

32. New construction

33. Greening

34. Long-term “banking”

35. Land assembly

36. Internal subsidyLand Banks Can….Sell or convey property through locally developed policies that reflect the communities’ priorities

37. Sell through negotiated sales

38. Convey property for other than monetary consideration

39. Sell, lease, manage property with terms deemed to be in the interest of the land bank

40. Land bank financing tools for tax foreclosed and other targeted properties

41. Code enforcement and nuisance abatementBrownfield TIF Land Bank properties are Brownfield eligible by law

42. TIF plan is multi-jurisdictional and cross-collateralized

43. Expanded eligible uses includes acquisition costsHow it works:Brownfield bonds issued for thousands of properties

44. Tax collections are source of repayment

45. Baseline value is zero

46. Plan covers multiple jurisdictions

47. Effect of regional tax redistributionInternalizing externalitiesMSU Land Policy Institute Study400 tax-foreclosed single family houses diverted from auction - a loss of maybe $1-2 million

48. $3.5 expended for demolition of houses and restoration of remaining lots

49. $112 million in increased value restored to surrounding propertieshttp://www.communityprogress.net/economic-impact-in-flint-resources-3.php

50. Mixed-use developmentThis is the type so far

51. Transforming problems into assets

53. Homeownership/neighborhood stabilization

54. Catalytic development

57. Center for Community Progress421 Garland Street • Suite A • Flint, Michigan • 48503P: 877-542-4842 • F: 810-233-73811001 Connecticut Avenue • Suite 1235 • Washington, D.C. • 20036P: 877-542-4842 • F: 202-223-21201050 S. Jefferson Davis Parkway • Suite 231 • New Orleans, LA • 70125P: 504-236-8333 • F: 504-821-7074www.communityprogress.net