About
The Land Bank’s mission is to return vacant and underused properties to productive use while supporting neighborhood revitalization and housing affordability.
This initiative advances the 2023 Chattanooga Housing Action Plan, which calls for a public land disposition policy that prioritizes affordable housing and the reuse of tax-foreclosed parcels.
The Land Bank’s objectives include:
- Building new affordable homes to address the City’s housing crisis.
- Revitalizing neighborhoods in Chattanooga’s urban core by reactivating vacant and underused parcels.
- Preserve affordability in neighborhoods that are seeing or poised to see significant investment.
- Strengthening partnerships among nonprofits, developers, and lenders to expand local housing capacity.
How It Works
The Land Bank periodically releases properties for development through a competitive Request for Proposals (RFP) process.
Who can apply:
Nonprofit and for-profit developers in good standing with the City of Chattanooga and the CLBA.
How to apply:
- Review the specific RFP for project requirements, including affordability criteria and development timelines.
- Submit an application, making sure to include all required materials.
- Applicants will be evaluated on their development experience, capacity, project feasibility, and design quality.
Properties will be donated – at no cost – to selected applicants.
Stay up to date on current opportunities by signing up for the Land Bank’s mailing list.
Current Opportunities
Starting November 17, 2025, the CLBA will release three Requests for Proposals for the development of six properties.
Eligible developers are encouraged to submit proposals for the creation of affordable for-sale housing.
Key Dates
- November 17, 2025: RFPs issued
- December 4th, 2025, 2-3pm EST: Optional application workshop
- January 12, 2026, 5:00 pm: Applications due
How to submit:
Applications must be submitted by email to Megan Miles at mmiles@chattanooga.gov with the subject line: “Chattanooga Land Bank Authority – Application.”
All required forms and attachments must be completed and submitted together as a single electronic file. Incomplete applications may be delayed or disqualified.
If you are responding to multiple RFPs, a separate application must be submitted for each one. Incomplete applications may be delayed or disqualified.
DOWNLOAD Application Materials and RFPs
Project Sites
Affordability Requirements
All properties donated by the Chattanooga Land Bank Authority must meet affordability requirements after development. Selected developers will sign a developer agreement and deed restrictions before the property is conveyed. Project requirements include:
- All units must be sold to first-time homebuyers, defined as individuals who have not owned a home in the past three years.
- Properties may not be developed as rental housing.
- The maximum allowable sales price is $230,000 per home. The Chattanooga Land Bank Authority, in partnership with the City of Chattanooga, will provide a developer subsidy of up to $25,000 per home to help offset total development costs.
- All units produced shall be reserved for purchasers earning at or below 120% of the Area Median Income (“AMI”).
- Homes must remain affordable for a minimum of fifteen years.
- Projects must begin construction within 12 months of conveyance and be substantially completed within 18 months
Q & A
Q&A Answers
What is a land bank?
Land banks are not banks! They are public entities created for a single purpose: to acquire, manage, maintain, and repurpose vacant, abandoned, and foreclosed properties. State law grants land banks some unique powers to facilitate the redevelopment of these types of properties, which often sit unused and vacant for years due to legal problems like cloudy titles. Land banks are not the same as community land trusts (CLTs), although they can often work together.
How do land banks work?
Land banks can acquire vacant, tax-delinquent properties that have been passed over by the private market, hold them tax exempt, remove the structural, legal, and financial barriers to redevelopment, and then work closely with a range of public, nonprofit, and private partners to flexibly dispose of them in support of local and community goals.
Chattanooga Land Bank Authority Properties
Parcel ID | Address | Conveyed On | Status |
137A L 020 | 2602 KOBLENTZ CIR, Chattanooga, TN, 37406 | 10/17/2024 | Conveyed to Land Bank Authority |
137A M 021 | 2508 TAYLOR ST, Chattanooga, TN, 37406 | 10/17/2024 | Conveyed to Land Bank Authority |
155N F 016 | 3809 ALTON PARK BLVD, Chattanooga, TN, 37410 | 10/17/2024 | Conveyed to Land Bank Authority |
155N F 024 | 3816 WEST AVE, Chattanooga, TN, 37410 | 10/17/2024 | Conveyed to Land Bank Authority |
155N F 025 | 3817 WEST AVE, Chattanooga, TN, 37410 | 10/17/2024 | Conveyed to Land Bank Authority |
155N F 026 | 901 W 39TH ST, Chattanooga, TN, 37410 | 10/17/2024 | Conveyed to Land Bank Authority |
167C H 034 | 4520 OAKLAND AVE, Chattanooga, TN, 37410 | 10/17/2024 | Donated for affordable housing development |
Board Meetings
The Chattanooga Land Bank Authority Board meets regularly in the City Council Conference Room, which is located at 1000 Lindsay Street, Chattanooga, TN 37402.
Learn More
Sign up to receive information about the Chattanooga Land Bank Authority, including updates on upcoming development opportunities.