H.R. 8786 · 117th Congress · House

National Land Bank Network Act of 2022

Active· Referred to the House Committee on Financial Services.
Introduced
Sep 9, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

National Land Bank Network Act of 2022

This bill requires the Neighborhood Reinvestment Corporation to contract with a nonprofit that has relevant expertise to establish a national network to support the formation and operation of land banks. Land banks are entities designated by one or more state or local governments to acquire, steward, and dispose of vacant, abandoned, or other problem properties in accordance with locally determined priorities and goals.