Genesee County Land Bank

Name

Genesee County Land Bank

Legal name

Genesee County Land Bank Authority

Website

https://thelandbank.org

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Government Land Bank and Property Revitalization Services

NAICS

Administration of Housing Programs, Urban Planning, and Community Development (925), Residential Property Managers (531311)

SIC

Real Estate Operators (No Developers) & Lessors (6510), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Land Administration & Cadastral Services (Public Land Records, Parcel Management) (BPAIANAH)

Keywords

• Tax-foreclosed property management
• Blight elimination services
• Affordable home sales
• Vacant property maintenance
• Community land revitalization

Headquarters

HQ city

Flint

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Property Sales: The Land Bank generates revenue through the sale of renovated residential properties (Featured Homes priced $10,000–$24,000) and properties requiring rehabilitation (Ready for Rehab priced $1,800–$9,000). Properties are sold directly to buyers via application processes.
2. Rental Income: The Land Bank operates rental properties including the Land Bank Center Loft Apartments & Offices, The Gatehouse townhomes, The Berridge and Tinlinn apartments, University Duplex, and the Urban Alternatives LEEDS-certified house. Rentals are managed in partnership with Uptown Reinvestment Corporation.
3. Grant-Funded Demolition Services: The Land Bank secures funding from government and foundation sources to demolish blighted structures. While demolition is grant-funded rather than revenue-generating, the program is a core operational activity funded by ARPA (City of Flint $16M, County $8M), Charles Stewart Mott Foundation ($10M), and other federal/state sources totaling $39.5M.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Genesee County Land Bank Authority is a government land bank that acquires tax-foreclosed properties in Genesee County, Michigan, then demolishes blighted structures, renovates viable properties, and sells or rents them to promote affordable homeownership and neighborhood revitalization. The organization also runs community maintenance programs such as Clean & Green to steward vacant lots between acquisition and disposition.

Product overview

Genesee County Land Bank is a government land bank authority that operates as a unified platform for property redevelopment and community revitalization. The organization manages a portfolio of properties including Ready for Rehab and Featured Homes sales programs, rental housing (Land Bank Loft Apartments, The Gatehouse, The Berridge and Tinlinn, University Duplex, Urban Alternatives House), and core property maintenance programs (Weed & Trash Abatement, Demolition, Boarding Services, Clover Program). Support programs include Clean & Green community engagement, Renovate Genesee, and Cleaner Greener Safer initiatives. The Land Bank also operates THE SHOP, a central maintenance hub for crews. A Property Search Portal enables public access to the inventory of residential, commercial, and vacant land.

Differentiator

Problem solved

Functional benefit

Brands

• Featured Homes: Completely renovated homes offered by the Land Bank for sale to prospective homeowners.
• Ready for Rehab
• Clean & Green
• Renovate Genesee
• VIP Spotlight

Products and services

• Ready for Rehab A sales program offering vacant properties at reduced prices ($1,800-$9,000) for buyers who commit to completing renovations themselves, expanding affordable homeownership opportunities.
• Featured Homes Fully renovated or move-in ready residential properties sold at various price points ($10,000-$24,000) for homeownership in Genesee County.
• Featured Lots for Development Vacant land parcels available for development or community use, offered through the Land Bank's Lots Available program.
• Land Bank Loft Apartments & Offices One-bedroom, one-bathroom apartments and office suites located in the Land Bank Center at 452 S. Saginaw St. in downtown Flint.
• The Gatehouse Two and three-bedroom, 2.5-bath townhomes on W. Fifth Avenue in Flint offering mixed-income rental housing managed by Uptown Reinvestment Corporation.
• The Berridge and Tinlinn Apartments One, two and three-bedroom apartments at 421 Garland St., Flint, equipped with stove, refrigerator, dishwasher, washer/dryer and central air.
• University Duplex Two three-bedroom, two-story apartments in the Carriage Town Historic District reserved for individuals or families with gross incomes at or below 60% of Area Median Income.
• Urban Alternatives House LEEDS-certified renovated home with geothermal heating/cooling, solar panels, porous-paver parking, rain gardens and water retention systems; contains two 2-bedroom, 1-bathroom apartments.
• Demolition Services Demolition of blighted and dangerous residential and commercial structures as funding is available, with over 5,000 structures demolished since founding.
• Weed & Trash Abatement Seasonal property maintenance program mowing grass and removing trash from vacant properties in Flint and Genesee County, completing over 20,000 mows and clearing 155 tons of garbage annually.
• Boarding Services Securing vacant properties by boarding windows and doors with plywood to protect neighborhoods from unsecured vacant buildings, with 1,000+ structures boarded annually.
• Clover Program Dutch White Clover planting on thousands of vacant lots to reduce long-term maintenance needs; clover grows only 10-12 inches tall and requires mowing only once or twice a year.
• Clean & Green Program Community-based group maintenance program providing stipends to neighborhood associations, block clubs, churches, schools and nonprofits that maintain clusters of vacant properties.
• Renovate Genesee Program renovating vacant houses to expand affordable homeownership opportunities and strengthen communities in Genesee County.
• Cleaner Greener Safer Community engagement initiative focused on neighborhood beautification and safety improvements in Flint and Genesee County.
• VIP Spotlight Spotlight program for special properties available through the Volunteer Incentive Program, showcasing select Land Bank properties.
• Property Search Portal Online database for searching residential, commercial, and vacant land properties held by the Land Bank, with downloadable application forms and scheduled showing times.

Quantifiable outcome

• Studies show demolishing blighted houses increases both neighborhood safety and property values
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Partnerships

Eleven partnerships are on record, tiered core and supporting.

• City of FlintcoreStrategic or Co-development Partner · 1 January 2022The Land Bank works in partnership with the City of Flint to demolish blighted structures. The City provided $16 million in American Rescue Plan Act (ARPA) funding for demolition of up to 1,910 blighted structures. The partnership leverages city property data, community input, and municipal authority to execute the blight elimination program.
• Genesee CountycoreStrategic or Co-development Partner · 1 January 2022Genesee County partnered with the Land Bank providing $8 million in ARPA funding for demolition activities. The County also contributed $4.5 million in conjunction with the Land Bank and Genesee County Treasurer for blight elimination efforts across the county.
• U.S. Environmental Protection Agency (EPA)supportingStrategic or Co-development PartnerThe Land Bank leveraged EPA resources alongside its own funding to clean and clear abandoned and hazardous structures in its inventory, complementing state environmental agency partnerships.
• Michigan Department of Environment, Great Lakes and Energy (EGLE)supportingStrategic or Co-development PartnerPartnered with EGLE to clean and clear abandoned and hazardous structures. EGLE also provides guidance on scrap tire hauler information and soil cleanup criteria referenced in the Land Bank's demolition processes.
• Uptown Reinvestment CorporationcoreChannel Partner/ Reseller/ DistributorUptown Reinvestment Corporation manages rental operations for multiple Land Bank properties including The Gatehouse townhomes, The Berridge, and Tinlinn apartments on behalf of the Land Bank. They handle leasing, applications, and property management for these mixed-income rental communities.
• Genesee County Habitat for HumanitysupportingStrategic or Co-development PartnerConducts homebuyer classes for prospective Land Bank land contract purchasers. Helps prepare buyers for homeownership through education programs linked to Land Bank sales programs.
• Greater Flint Mental Health Facilities, Inc. / Genesee Health SystemsupportingStrategic or Co-development PartnerPurchased former Land Bank properties including a former oil change station to develop the Center for Children's Integrated Services on S. Saginaw St. in downtown Flint, co-locating mental health and physical health services.
• Genesee County Metropolitan Planning CommissionsupportingStrategic or Co-development PartnerReferenced as a resource for Section 3 and Disadvantaged Business Enterprise (DBE) listings. The Commission provides DBE listings that Land Bank contractors and bidders can access.
• City of Flint Department of Community and Economic DevelopmentsupportingStrategic or Co-development PartnerListed as a resource for Section 3 and disadvantaged business enterprise information, providing procurement resources and economic development connections for Land Bank contractors and vendors.
• Mott Workforce DevelopmentsupportingStrategic or Co-development PartnerListed as a workforce development resource for Section 3 compliance and contractor training, helping connect local residents to employment opportunities generated by Land Bank projects.
• Flint & Genesee Economic Alliance (PTAC)supportingImplementation/ SI/ Consulting PartnerThe Procurement Technical Assistance Center (PTAC) provides procurement advice and counseling to companies interested in doing business with local, state, and federal governments, including Land Bank contracting opportunities.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Detroit Land Bank Authority: Michigan's largest land bank, operating under the same state Land Bank Fast Track Act framework as GCLBA. Both entities acquire tax-foreclosed properties, demolish blight, and dispose of properties through similar sales/rental programs in post-industrial Michigan cities.
• Newburgh Community Land Bank: New York-based community land bank focused on vacant property acquisition and reuse in a distressed urban area, operating under New York's land bank statute. Closely analogous operational model to GCLBA.
• Lucas County Land Bank: Toledo, Ohio's county land bank operating under similar state statutory authority, focused on blight elimination, demolition, and property reuse in a deindustrialized Great Lakes city — comparable to GCLBA's Flint focus.
• Cuyahoga County Land Reutilization Corporation: Ohio's largest county land bank, performing tax-foreclosure acquisition, demolition, and property disposition in post-industrial Cleveland. Closely analogous mission, funding model, and operational structure to GCLBA.
• Wayne County Land Bank (Treasurer): Another Michigan land bank operating in adjacent Wayne County (Detroit metro), with comparable tax-foreclosure acquisition, demolition, and property disposition activities under identical state statutory authority.
• Ingham County Land Bank: Michigan land bank operating in Lansing/Ingham County under the same Land Bank Fast Track Act. Engages in property acquisition, demolition, renovation, and community reuse programs directly comparable to GCLBA.
• Baltimore Development Corporation (Vacants to Value): Baltimore's vacant property strategy combining demolition, side-yard acquisition, and community reuse. Operates in a similar post-industrial urban context as GCLBA's Flint footprint.
• Greater Syracuse Land Bank: New York land bank focused on blight elimination and vacant property reuse in Syracuse, performing demolition, renovation, and property sales programs structurally similar to GCLBA's operations.
• Philadelphia Land Bank: City of Philadelphia's land bank engaged in acquisition, demolition, and disposition of vacant properties. Larger-scale urban counterpart with broadly comparable mission and operational approach.

Emerging players

• Genesee County Habitat for Humanity: Local Habitat for Humanity affiliate conducting homebuyer classes for Land Bank land contract purchasers. A partner rather than direct competitor, but shares the affordable homeownership mission in Genesee County.

Market position

Strengths4 records

Weaknesses2 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCgGnSHjG-qtlORP7poRxP9g/videos
• Facebookfacebook.com/GCLBA
• LinkedInlinkedin.com/company/genesee-county-land-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Genesee County Land Bank