ABOUT THE RICHLAND COUNTY LAND REUTILIZATION CORPORATION (LAND BANK)

The Land Bank is a 501(C)3) nonprofit corporation. Our Mission is to make a positive, sustainable impact on Richland County by strategically acquiring vacant and abandoned properties, reducing blight, rehabilitating and developing properties, stabilizing and revitalizing neighborhoods, and improving the quality of life for our residents. Since 2013, the Land Bank has successfully received $16,288,000.00 in grant funding for demolition and Brownfield clean-up projects. We also received $2,500,000.00 in grant funds to offer exterior rehab for owner-occupied properties. The Land Bank is proud to be the recipient of $600,000.00 from the State of Ohio’s Welcome Home Ohio program, bringing funding to support affordable housing initiatives. This program is part of a statewide effort to increase access to homeownership for income-eligible Ohioans.

While the first 6 homes are to be built in Shelby, we intend to apply for additional funding to develop in other Richland County communities. The Welcome Home Ohio program is a step forward in addressing our County’s housing needs and providing a pathway for residents to achieve homeownership. The Land Bank has partnered with Community Building Partners to bring this project to fruition.

How does the Land Bank acquire properties for redevelopment?

The Land Bank will acquire the majority of its properties through a tax foreclosure after each property was offered at Sheriff’s sales twice without a minimum bid, resulting in forfeiture to the State of Ohio. The Land Bank may accept title to a delinquent property in lieu of the County Treasurer pursuing a tax foreclosure. The Land Bank may acquire properties through this process when it will be more efficient than the tax foreclosure, and the property is not otherwise encumbered by subordinate liens. This process does not provide the same free and clear title outcome as a foreclosure judgment.

The Land Bank may acquire properties from governmental entities like Fannie Mae and HUD, banks and financial institutions, and from donations by private parties. Visit our Website at www.richlandcountylandbank.org for a complete list of available properties. Note: Not all properties listed are suitable for the Welcome Home Ohio program.

Community Building Partners empowers communities by repurposing the tools of business and development and sharing the benefits with nonprofit partners and community organizations.

CBP is a community development firm specializing in the equitable development of community assets. With over 40 years of experience, our expertise in large-scale development, construction management, brownfield remediation, historic preservation, and innovative project finance lays the foundation for our work. We help our partners build their capacity through development advisory services and collaborative research and unite environmental stewardship, community investment, and exceptional design to bridge the gap from vision to execution.  As a member of the Praxia Partners family, CPB draws on an extensive toolkit of expertise to advance community, economic, and environmental development. You can read more about CBP’s work at praxia-partners.com/CBP.

Unibilt is a family-owned and operated, nationally recognized leader in the modular home industry and has built more than 12,000 homes. They pride themselves on being rooted in mid-western values of hard work, honesty, and fairness. The company has been built on long-term relationships, using many of the same high-quality product vendors for nearly four decades. Their modular construction improves the efficiency of the construction process, and reduces waste making it both a more cost-effective and more sustainable mode of construction than traditional stick build.