Omaha Municipal Land Bank

?? Property Pricing Update ?? As part of our goal to restore and maintain equity for Land Bank buyers and their neighbors, our AMD staff did a deep dive into the individual parcels of land in our inventory on a street-to-street comparison of land sold within a 1-mile radius. Items considered when comparing properties included the square footage of the lot, foresting on the lot, proximity to amenities, and buildability. What does this mean for you? Some of our properties (like the ones below) have since been reduced in price! ?? 2624 N 19th Ave ($17,200 to $9,200) ?? 3410 Ames Ave ($21,500 to $11,700) ?? 6501 N 37th Street ($13,500 to $6,500) ?? 3809 Decatur Street ($22,800 to $9,750) This is a great time to browse our inventory to see if any lots meet the needs of your potential development project ??https://lnkd.in/gg_bVkUV

From federal regulations to statewide advocacy, this month's Ambassador session covered several key policies shaping development in Omaha. @spark shared insights on changes impacting developers big and small, OMLB discussed ways we are advocating for additional code enforcement tools and Front Porch Investments discussed the various levels of engagement available to community members wanting to advocate for affordable housing development. Ambassadors and alumni also had the chance to meet with our national partners at The Center for Community Progress to hear about national land banking trends and provide feedback on possible strategies to consider in our next strategic plan.

Registration for this year's Reignite2Unite Omaha Development Symposium is now OPEN! Expanding upon the success of the inaugural 2024 event, R2U will offer a diverse curriculum including sessions on housing development, access to capital, policy advocacy and innovative solutions with Spanish language options available. This two day event is tailored for developers, contractors, housing nonprofits, funders, advocates, and public officials, providing a platform for learning, networking, and collaboration. Check out the symposium agenda and secure your ticket today at R2Uomaha.org. Spark CDI? Front Porch Investments?

Last Call! Register for the next Successful Buyers Workshop on March 13th at the Learning Community of Douglas & Sarpy Counties - North Center. This workshop will cover essential pre-app steps such as conducting site visits, understanding zoning and permitting requirements, and exploring financing options to ensure a strong application. Insights will be shared from our partners at City Planning, Front Porch Investments, and Spark. Spanish translation services will be available, and additional translation needs can be accommodated upon request during registration. ?? Register now: https://lnkd.in/g796ahdu

Our next OMLB Board Meeting will be Wednesday, March 12th. ?? You can register for all board meetings here: https://lnkd.in/gQNpbjCQ

Members of the OMLB team and board braved the cold last week to attend ULI Nebraska's Emerging Trends event to learn more from regional and national experts on what's next in the real estate market. The event highlighted key trends in housing demand and affordability and explored how OMLB's work aligns with the future of urban development. OMLB remains committed to using these insights to shape policies and programs that support sustainable development and revitalize underutilized land. You can explore the trend report here: https://lnkd.in/gGxsVPR4 @ULINebraska

Meet our OMLB board members! Today's focus is on Lou Ann Goding, a Voting Board Member for District 7. We got to chat with her, and here is what she had to share: Q: Can you share with us your background and what motivated you to join the OMLB Board? A: I have spent my career working in community development and real estate, with a focus on revitalizing neighborhoods and creating opportunities for sustainable growth. My background in urban planning and economic development has given me insight into how strategic investments can transform communities. I was motivated to join OMLB because I believe in its mission to repurpose vacant properties into valuable community assets, ensuring that all residents have access to stable, thriving neighborhoods. Q: How do you see your role as a board member positively impacting the community? A: My goal is to leverage my expertise to help expand redevelopment efforts, support small developers, and promote equitable access to land ownership. I'm particularly passionate about increasing affordable housing options and fostering inclusive growth. Through collaboration with city leaders, local businesses, and community stakeholders, I hope to help OMLB drive impactful change that benefits all of Omaha.

Friday is the final day for businesses specializing in mowing, snow removal, or lot maintenance to register as a vendor with OMLB for the 2025-2026 service period. Working with OMLB provides access to city-wide contract opportunities while directly contributing to community revitalization. Priority is given to Small and Emerging Businesses, and all selected vendors must attend a brief orientation. Any business interested in applying for a Mow/Snow contract for 2025-2026 must complete these two steps by Fri, March 7 at 5 pm: ? Register with us at https://lnkd.in/gDbNqm_U ? Send our Vendor & Property Manager Daniel Bennett an email at [email protected] with: 1) Your business name 2) Which of the following services, or combination of services, are you interested in (you may select multiple) -Mowing + Snow Removal (twice monthly, May-Oct) -Debris/Litter/Dumping Removal (as assigned) -Tree trimming and removal (as assigned)

OMLB was recently featured in the National Land Bank Network's quarterly newsletter for receiving funding through their Innovative Approach Award! ?? We appreciate the support and recognition for our efforts to thoughtfully engage with our community through our Ambassadors program. ?? Read more: https://lnkd.in/ghUn3F4Y Stay up to date on national land bank news and resources by subscribing to their newsletter! ?? ? ?? Sign up here: https://lnkd.in/gtJGVYhT @centerforcommunityprogress

Smart budgeting is the foundation of any successful development project -- but you don't have to just take our word for it. During our recent Fireside Chat for our Ambassadors, developer Phil McCain shared insights on key financial considerations, including the loan origination fee—an upfront cost that directly impacts project financing. He also emphasized the importance of contingency budgeting, ensuring developers are prepared for unexpected costs that can arise during construction. Planning ahead helps keep projects on track and financially sustainable. ?? Stay informed with expert insights on development and smart financial strategies. Follow @omahalandbank! #OMLB #BuildingOmaha #FiresideChat