TEXAS - City of Dallas, Land Bank

City of Dallas

Urban Land Bank Demonstration Program

Texas Local Government Code Chapter 379C allows the taxing entities in Dallas County that are entitled to a share of property tax revenue to enter into an agreement to allow the Dallas County Sheriff to sell eligible tax-foreclosed property to a "land bank" rather than auction it off to the highest bidder. The land bank may then resell the tax-foreclosed property to eligible developers who agree to build affordable housing units or develop approved commercial uses on the land. The City of Dallas has designated the Dallas Housing Acquisition and Development Corporation (DHADC) as its land bank.

For a parcel to be eligible for sale to the land bank: (1) its market value must be less than the value of all delinquent taxes and non-tax liens associated with the property, (2) it must be a either a vacant property or have an uninhabitable building on the property, and (3) it has at least five (5) years of delinquent taxes.

Only "qualified participating developers" may purchase land from the land bank. A qualified participating developer is a developer who has built one (1) or more homes in the past three (3) years and a has a development plan that is approved by the City.

We encourage developers who are interested in purchasing land from the Land Bank to meet with ourLand Bank Managerto discuss your qualifications and how to align your development plans with the goals of land bank.

  • Land Bank inventory (last updated 5-08-20)- List of lots currently owned by the Land Bank and available for purchase by a qualified participating developer.
  • Land Bank application
  • Land Bank annual plan- The Land Bank Annual plan identifies the parcels of property that are eligible for sale to the Land Bank along with the Land Bank's acquisition and affordable housing development strategies. Once the annual plan is approved by the City Council, the Land Bank staff will refer approximately 25 properties per month for tax foreclosure. Once a tax foreclosure judgment is obtained, the properties are sold to the Land Bank and become part of the Land Bank's inventory. This process takes approximately eighteen (18) months.
    • Annual plan map- Map of lots eligible for sale to the Land Bank.The Land Bank does not own these propertiesand they are not currently available for purchase by a qualified participating developer. If the lots are purchased by the Land Bank, they will be added to the Land Bank inventory.
  • Bylaws of the DHADC - The Dallas Housing Acquisition and Development Corporation (DHADC) is a non-profit entity that is administers the Land Bank. The board of directors is composed of representatives from the Dallas County taxing entities, including Dallas County, the Dallas Independent School District, and the City of Dallas. Additionally, the board of directors includes a representative from The Real Estate Council (TREC) and a neighborhood representative appointed by the City Manager.