Land Bank
A public entity empowered to acquire vacant, abandoned, or underutilized properties, with the purpose of holding, managing, and potentially redeveloping them in alignment with community objectives.
Affordable Dwelling Units
Units that are priced affordably, and are often income restricted, that are incentivized by the locality to increase affordable housing stock.
Short-Term Rental
Furnished homes or rooms rented on a short-term basis (i.e. AirBnb or VRBO).
Infill
A planning approach that encourages the development of underused or vacant land in existing urban areas to increase density and place new development near existing resources and infrastructure.
Accessory Dwelling Units
Smaller independent living spaces on the same lot as a single-family home. AKA 'Accessory Apartments'.