Land bank revitalizing property in Lafayette

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Got some old property just laying around in Lafayette? Consider selling or donating it to the Lafayette Land Revitalization Authority. The not-for-profit land bank is on a mission to return properties throughout Lafayette back to productive use. The mission of LLRA is “to identify and secure properties throughout the community that can be developed and/or rehabilitated into safe, affordable and well-designed housing; developed into commercial properties that better utilize the existing infrastructure and support sustainable neighborhoods; or held in reserve for long-term economic development and commerce.” The LLRA will purchase and accept donations of nominated properties, including but not limited to those properties, vacant or developed, that are blighted, abandoned, nuisanced, or foreclosed. “Lafayette is a great city. We have all of the pieces in place — the technology, the infrastructure, the culture, our location — to be one of the top cities in the nation,” says Nathan Thornton, president of the LLRA board of directors and senior counselor at the Louisiana Small Business Development Center. “By supporting ongoing economic development throughout the city, LLRA hopes to aid city-parish government and local business in developing and executing programs that will reduce crime, improve commerce, and enhance our overall quality of life.” For more information, click here.

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