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Committee asks DHCD to draft legislation and funding options for a state land bank

2365886 · February 20, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee inserted language directing the Department of Housing and Community Development to produce a report, including proposed legislative language and funding proposals, for a State Land Bank by Nov. 15, 2025, and asked staff to refine the draft to ensure the report considers statewide and regional approaches.

The House Committee on General and Housing added draft language directing the Department of Housing and Community Development to produce a report that outlines a legal framework and proposed funding sources to implement a State Land Bank.

Cameron Lloyd, Legislative Council, said the draft requires DHCD to submit a report "on or before 11/15/2025" that will include proposed legislative language to create a State Land Bank and identify funding proposals to support its sustainability.

Commi…

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