Hartford Land Bank

About Hartford Land Bank

Hartford Land Bank is a real estate operator headquartered in Hartford, CT. Hartford Land Bank operates in Hartford, Connecticut. Its investment focus is on Covered Land & Land Banking and Single-Family Homes.

Hartford Land Bank, Inc. is a Hartford, Connecticut-based quasi-public, non-profit urban redevelopment corporation headquartered at 1049 Asylum Avenue. Established under state enabling legislation and operating under Executive Director Arunan Arulampalam and successor leadership, the entity functions as a specialized community development vehicle with 5 years of operational history since acquiring its initial properties in 2021. The organization operates under a Memorandum of Understanding (MOU) with the City of Hartford to systematically identify, acquire, maintain, and steward the rehabilitation of tax-delinquent, abandoned, and blighted real estate assets. Its primary mission focuses on returning distressed urban parcels to productive use, expanding affordable homeownership opportunities, and empowering local minority, women, and Hartford-based developers through targeted property transfers and developer training initiatives. The land bank's real estate portfolio spans distressed single-family residences, two- to six-family multi-family residential buildings, vacant residential lots, urban agriculture sites, and commercial properties. Its geographic footprint covers key urban submarkets within Hartford, including the Clay Arsenal, Upper Albany, North East, Asylum Hill, and Barry Square neighborhoods. Initial acquisitions encompassed 18 city-transferred parcels, with total property holdings scaling to dozens of active, in-construction, and fully rehabilitated neighborhood sites.

Principals at Hartford Land Bank