The Omaha Municipal Land Bank is accepting applications for a giveaway of three vacant lots, each of which come with $5,000 in redevelopment funds. (Photo courtesy Omaha Municipal Land Bank)
Land Bank to Give Away Three Lots Along With $5,000 Grants
The Omaha Municipal Land Bank is accepting applications for a vacant lot giveaway to promote their transformation into productive land in the community.
The Land Bank has been acquiring vacant and distressed properties since 2016 and wants to encourage their redevelopment, according to a news release.
“We know that community members have great ideas for ways to transform vacant properties, but not everyone can afford to purchase and develop a lot,” according to the release. “In order to remove that barrier, the Land Bank is sponsoring a Vacant Lot Giveaway, giving applicants the chance to win a vacant lot and $5,000 in redevelopment funds.”
Applicants choose one of nine eligible lots and submit a detailed redevelopment plan detailing the community benefit, a timeline and long-term plans for maintenance. Three winners will be selected. Applications are due May 27.
“We’re really excited about the Vacant Lot Giveaway,” Laura Heilman, the Land Bank’s communications director, said in the release. “This program directly serves our mission by letting community members decide what they need in their neighborhood.”
Executive Director Marty Barnhart said vacant lots stay in the Land Bank’s inventory longer than other properties.
“We hoped this giveaway would inspire people to see the opportunity in the other lots we have for sale, and we’ve already seen that happen,” Barnhart said in a release, adding that two vacant lots that had been slated for the giveaway were recently sold.
For more information about the giveaway, including a map of properties and scoring details, go to tinyurl.com/y27h66jo.
– Scott Stewart