Capital Improvement Program

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Land Bank Properties

The City of Irving, Texas, has established two distinct land bank programs aimed at addressing affordable housing and redevelopment needs within the community.

The Affordable Housing Land Bank Program

This program focuses on acquiring and holding properties for the development of affordable housing. By doing so, the city aims to increase the availability of affordable housing options for its residents. The program's policy framework was officially approved by the City Council on August 29, 2024.

irvingtx.swagit.com


The Redevelopment Land Bank Program

The Redevelopment Land Bank Program is designed to acquire properties that are underutilized or in disrepair, with the goal of repurposing them for community-beneficial projects. This initiative seeks to revitalize neighborhoods, stimulate economic development, and enhance the overall quality of life in Irving. The policy for this program was also approved by the City Council on August 29, 2024.


Both programs are managed by the city's Real Estate Services division, which is responsible for securing land and property rights for municipal facilities, acquiring rights-of-way and easements, and managing the sale of surplus real property owned by the city.

cityofirving.org


As of now, there are no residential or commercial properties available for sale through these land bank programs. Interested parties are encouraged to check the this page periodically for updates regarding the availability of city-owned properties.