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Redevelopment Articles

July 11, 2019

Land Banking: A Sustainable Practice

The importance of sustainability has become increasingly clearer over the last few decades. Emissions from nonrenewable energy sources have been shown to harm our global environment, leading to extreme weather patterns and threats of permanent damage to our climate. Consolidated and outsourced agricultural production, which itself produces large amounts of greenhouse gases, has relied heavily…

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June 24, 2019

Help us Make a Difference: Donate Property to the OMLB!

The Omaha Municipal Land Bank is committed to transforming distressed properties into community assets as affordably as possible. The fewer dollars we spend on acquiring and maintaining a parcel, the lower our listing price! Rather than pricing our properties based on market value, we typically list them for $5,000 more than our expenses. This allows…

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June 6, 2019

Vacant Lot Giveaway: Postponed

In mid March, the Omaha Municipal Land Bank presented the Vacant Lot Giveaway to the public, a project that would allow up to three qualified applicants to win a vacant lot and up to $5,000 in redevelopment funds for their project. We were blown away by the response, and we received applications for 20 different…

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October 5, 2017

Major Policy Change

Announcing a Major Policy Change! In order to spur development, the OMLB Board has updated our redevelopment policy: for single-family residential rehabs the timeline for redevelopment will now be nine months instead of two years. The redevelopment timeline will still be two years for other properties, including multi-family residential rehabs and new construction. Please contact…

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