City of New Haven - File #: OR-2023-0015

• File #: OR-2023-0015
• Version: 2
• Type: Ordinance
• Status: Enacted
• File created: 3/28/2023
• In control: City Clerk
• Final action: 9/18/2023
• Title: ORDINANCE OF THE NEW HAVEN BOARD OF ALDERS ESTABLISHING THE NEW HAVEN LAND BANK AUTHORITY PURSUANT TO PUBLIC ACT 19-175 CODIFIED AS CONNECTICUT GENERAL STATUTE 7-148p TO BE CALLED THE NEW HAVEN LAND BANK, INC.

Date	Ver.	Action By	Action	Result
9/18/2023	2	Board of Alders	Approved	Pass
9/5/2023	2	Board of Alders	Noted
8/14/2023	2	Finance Committee	Favorable Report
4/3/2023	1	Board of Alders	Referred

title
ORDINANCE OF THE NEW HAVEN BOARD OF ALDERS ESTABLISHING THE NEW HAVEN LAND BANK AUTHORITY PURSUANT TO PUBLIC ACT 19-175 CODIFIED AS CONNECTICUT GENERAL STATUTE 7-148p TO BE CALLED THE NEW HAVEN LAND BANK, INC.

body
WHEREAS, there exist in the City of New Haven (the "City") certain parcels of real property which are blighted, underutilized, or of strategic importance to the economic and social wellbeing of the community; and

WHEREAS, there is a need to accelerate existing efforts concerning rehabilitation, housing development, economic investment and development, and historic preservation in the community in a manner consistent with the land use policies of the City; and

WHEREAS, the State of Connecticut on July 12, 2019 enacted Public Act No. 19-175 "to permit municipalities to establish land bank authorities for the purposes of acquiring real property, maintaining any such real property and disposing of any such real property within such municipalities;" and

WHEREAS, the City initiated the Civic Space community engagement program to solicit input on strategies that address the negative impacts of the COVID-19 public health emergency through social and economic resilience; and

WHEREAS, consistent with President Biden's Executive Order 13985 on Advancing Racial Equity and Support for Underserved Communities through the Federal Government, the City has underscored the racial wealth gap and opportunities to create intergenerational wealth through the recovery process; and

WHEREAS, it is in the interest of the City of New Haven to create a land bank authority as a tool for the acquisition of real property and for the purposes of promoting rehabilitation, housing development, economic investment and development and historic preservation; and

WHEREAS, on March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (the "Act") which includes approximately $1.9 trillion in investments designed to address the public health emergency a...