How is the Land Bank different than a Redevelopment Authority?

A Redevelopment Authority and a Land Bank are similar in the fact the scope of both organizations are essentially the same: to stabilize neighborhoods, rehabilitate older buildings when possible, and demolish when necessary. The main differences are that the Land Bank has no eminent domain powers, but can "trump" bid at a judicial sale. Properties sold through the Land Bank also have provisions built into the policies and procedures that ensures the Land Bank’s mission.

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1. How is the Land Bank different than a Redevelopment Authority?
2. What are the main ways the Land Bank acquires properties?
3. What are some noteworthy projects the WCLB has taken on since inception?
4. Can the Land Bank help me demolish a blighted property in my neighborhood?
5. Does the Land Bank accept donated properties, and what would be some of the advantages for doing so?
6. Do you have to be a contractor to buy and rehab a Land Bank property?
7. Who helps fund the Land Bank and which municipalities participate in the program?
8. Are Land Banks a new concept?
9. How do I purchase a Land Bank property?