How to Use land bank in a Sentence
land bank
noun-
Now blighted, Roche said the buildings have been placed in the city’s land bank.
—cleveland, 30 Sep. 2021
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The city is working with state and county land banks in the effort.
—Perry A. Farrell, Detroit Free Press, 8 Jan. 2018
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Rose was hired in 2015, two years after Gainer set up the land bank.
—Gregory Pratt, chicagotribune.com, 23 June 2021
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The City of Detroit bought the remaining 142 acres from the land bank for $7 million two years ago.
—Adrienne Roberts, Detroit Free Press, 11 Aug. 2020
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But plans to convert the center of the golf course into a land bank still exist.
—J. Harry Jones, sandiegouniontribune.com, 29 June 2018
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This was already done with one unit last year after it was rehabbed through the land bank.
—Thomas Jewell, cleveland, 24 Aug. 2021
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The town will also need the support of the city’s land bank, which holds most developable land in Girdwood.
—Alex Demarban, Anchorage Daily News, 16 Feb. 2023
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Last August, Team 1 agreed to turn the property over to the land bank rather than face foreclosure.
—Jennifer Conn, Akron Reporter, cleveland.com, 31 Jan. 2018
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Most of it is bought by wealthy developers, who by now are sitting on land banks of their own.
—The Economist, 22 Aug. 2019
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All of the people who have come out to see land bank properties have been people of color, Shea added.
—Rebecca Lurye, courant.com, 10 July 2021
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Nearly half of the Cleveland sheriff's deed transfers were carried out by the county land bank, the records show.
—Rich Exner, cleveland.com, 6 Mar. 2018
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The proposal, one of three ballot questions in New York, would create a 250-acre land bank for the purpose.
—Lisa W. Foderaro, New York Times, 9 Oct. 2017
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The city will land bank the Crosby site until future use is determined.
—Jennifer Conn, Akron Reporter, cleveland.com, 29 Oct. 2017
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Inspirion acquired several parcels from the city’s land bank for the project.
—Robert Higgs, cleveland, 7 June 2021
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Hartford’s land bank has been in development since 2016, and is the first of its kind in Connecticut.
—Rebecca Lurye, courant.com, 20 Aug. 2020
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One hole in his plan is the high pace of tax foreclosures—the main pipeline for properties that end up in the land bank’s possession.
—The Economist, 16 Sep. 2017
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The Hardest Hit funds can only be used for the demolition of property owned by the county land bank.
—Karen Farkas, cleveland.com, 30 Oct. 2017
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Frangos helped write the legislation that created the land bank in 2009.
—Jordyn Grzelewski, cleveland.com, 23 June 2019
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The bulk of the properties are in East and West Englewood, according to land bank documents.
—Corilyn Shropshire, chicagotribune.com, 1 May 2018
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But under Japan’s accounting rules, developers don’t record the rise and fall of the value of their land banks or buildings.
—Shuli Ren | Bloomberg, Washington Post, 14 Oct. 2019
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The land bank did a gut renovation with money provided by a grant from Quicken.
—Matthew Goldstein, New York Times, 4 Nov. 2017
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Baltimore City council member Odette Ramos is filing legislation next week to start a land bank in the city.
—Giacomo Bologna, Baltimore Sun, 27 Feb. 2023
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The board can then give foreclosed properties to the local land bank, which can clear any debts on the property and give them to local businesses to revamp and resell.
—cleveland, 25 June 2020
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In April, the land bank publicly sought bids for development proposals.
—Alex Demarban, Anchorage Daily News, 15 Jan. 2022
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The land bank released an economic impact study on Wednesday to celebrate its 10 years.
—Emily Bamforth, cleveland.com, 26 June 2019
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The tracts would then be sold individually for buyers to build on, and profits split between CY Investments and the land bank.
—Emily Goodykoontz, Anchorage Daily News, 3 Dec. 2022
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Governments often rely on land banks to fund the purchases.
—Esther Fung, WSJ, 11 Sep. 2018
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More than 150 land bank authorities have been established across the country, mostly in Ohio and Michigan.
—Patrick Sisson, Curbed, 1 June 2018
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Rather than demanding more blacktop when it is not needed, the city allows a petitioner to land bank the parking spaces.
—Jeff Piorkowski/special To Cleveland.com, cleveland.com, 27 Apr. 2018
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Once the land bank enters a no cash bid, the property owner has a period of time within which to redeem the property’s back taxes or risk losing title.
—Zak Koeske, Daily Southtown, 4 May 2018
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'land bank.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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