Tidbits May 2023

TOM STREITZ NAMED INTERIM EX. DIRECTOR
Land Bank Twin Cities (2515 Wabash Ave.), a nonprofit organization that works to break barriers to equitable real estate development and provide investment opportunities for underserved communities across the Twin Cities, has appointed Thomas Streitz as the Interim Executive Director. Streitz was one of the original founders of Land Bank Twin Cities more than 13 years ago and most recently served as its Board Chair. Streitz’s appointment follows the retirement of Sandy Oakes, who served as President of Land Bank Twin Cities for 10 years.
Land Bank works with nonprofit developers like PPL, Aeon, and many others to produce thousands of affordable housing units throughout the Twin Cities metro area. The organization has also taken on cultural restoration and preservation projects, like the Victoria Theater in St. Paul. Since its founding, Land Bank has acquired and sold over 200 million dollars in real estate to service families, local businesses, and important cultural assets in low-income neighborhoods.