$8.5M Providence land bank program seeks to turn vacant lots into housing

THE CITY OF PROVIDENCE is starting a new land bank program to encourage redevelopment of vacant and underused properties into affordable housing by eliminating barriers to redevelopment. /PBN FILE PHOTO/CHRIS BERGENHEIM
PROVIDENCE – The city is funneling $8.5 million into a new program to buy and redevelop vacant land into affordable housing. City officials and housing organization leaders announced the new Providence Neighborhood Land Bank program in a press briefing Thursday, simultaneously putting out a call for help finding eligible land and property. The $8.5 million…

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