Land Bank Certification Process

Any Connecticut nonstock corporation will need to submit a Land Bank Program Certification Application Form.  The Application should include the following:

1. The certificate of incorporation and bylaws of the applicant (i.e. the non stock corporation)

2. A list of the current officers and directors of the applicant

3. A letter of support from at least two municipalities

4. A proposed land banking agreement with one or more municipalities

5. A proposed business plan for the applicant, including:

a. Description of the mission and strategy 

b. Organizational chart listing all employees, and biographies of key personnel

c. List of previously-completed projects by key personnel

d. List and project description of current and prospective remediation and redevelopment projects

e. Financial statements, if any

f. Current and expected sources of funding 

Applicants may also be invited for an in-person presentation of the business plan to DECD and DEEP.  Others state agencies may also join the meeting.  DECD will be collaborating closely with DEEP to evaluate requests for certification.  All Land Banks have to apply for recertification annually.