04/30/2026
Fifteen years ago, the Lucas County Land Bank was an idea. Today, it's a billion-dollar reality.
A new report from the Center for Regional Development reveals the scale of our quiet transformation.
We have generated $1.02 billion in economic impact across Lucas County, turning neglected real estate into a driver of regional growth.
๐ https://lucascountylandbank.org/news/a-billion-dollar-impact
The mechanics of this success are rooted in disciplined reinvestment. For every dollar the Land Bank spends, the community sees a seven-fold return. This is the result of steady, methodical work within the neighborhoods that need it most.
What does this look like over fifteen years:
๐ฅ It's the removal of nearly 4,500 blighted structures that held down property values and destabilized whole neighborhoods.
๐๏ธ It's the renovation of 900 homes and commercial buildings, returning them to the tax rolls and providing high-quality opportunities to make a life and build wealth.
The Land Bank doesn't do this alone. We do it by de-risking properties, clearing title, removing blight, and handing them off to developers, homeowners, small businesses, and community partners who carry the work forward. Every dollar of public investment leverages substantially more in private capital.
Fifteen years in, the evidence is clear. Where you live impacts how you live. And when the Land Bank gets to work, neighborhoods get better โ one property, one family, one block at a time.
We're all about creating affordable housing for Lucas County families. Through renovation and investment, we turn empty properties into homeownership opportunities.