National Land Bank Network Act of 2020

2/8/2022, 11:15 PM

National Land Bank Network Act of 2020

This bill requires the Neighborhood Reinvestment Corporation to establish and operate a national land bank network. Land banks are entities designated by local governments to acquire and dispose of vacant and abandoned properties.

The network must provide technical assistance to land banks and otherwise support land banks and communities.

Congress
116

Number
HR - 7103

Introduced on
2020-06-04

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

6/4/2020

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

National Land Bank Network Act of 2020

This bill requires the Neighborhood Reinvestment Corporation to establish and operate a national land bank network. Land banks are entities designated by local governments to acquire and dispose of vacant and abandoned properties.

The network must provide technical assistance to land banks and otherwise support land banks and communities.

Alternative Names
Official Title as IntroducedTo direct the Neighborhood Reinvestment Corporation with respect to the establishment of a national land bank network, and for other purposes.

Policy Areas
Housing and Community Development

Potential Impact
Congressional oversight
Federally chartered organizations
Government information and archives
Government studies and investigations
Land use and conservation
Public contracts and procurement
Rural conditions and development
Urban and suburban affairs and development

Comments

Recent Activity

Latest Summary8/21/2021

National Land Bank Network Act of 2020

This bill requires the Neighborhood Reinvestment Corporation to establish and operate a national land bank network. Land banks are entities designated by local governments to acquire and dispos...


Latest Action6/4/2020
Referred to the House Committee on Financial Services.