The Hartford Land Bank identifies and acquires vacant, abandoned, tax-delinquent and/or distressed properties in the City of Hartford, Connecticut, to steward their rehabilitation and return to productive community assets. Hartford Land Bank, Inc. is a non-profit corporation.
Hartford Land Bank’s
Developer Cohort Training
The Hartford Land Bank is committed to working with our community members to revitalize and build wealth in our neighborhoods.
In 2021 we launched our first Hartford Developers Cohort Training Program to ensure Hartford residents have equitable opportunities to participate in growing wealth while preserving our community’s history and culture.
For our 2023 program, we seek Hartford residents who have either a construction background and want to become construction managers, and individuals who have business acumen and want to become project managers. Together they will create development groups.
Through an intensive, FREE five-week training program, participants will have the opportunity to network, learn and acquire new skills, and, at the end of the program, apply to acquire one of our properties to develop with special financing and on-going technical assistance.
Important Program Details:
1) There will be a refundable $100 deposit for each participant, which will be returned to them upon successful completion of the training.
2) For participants who have children, we will provide FREE childcare during the training sessions, if needed.
3) We will not be asking any questions related to credit history. However, once selected, we will work with all applicants to ensure they have the credit necessary to receive financing.
Topics We Plan to Cover Include:
1) Building a budget, including developing proformas, and identifying sources and uses of funds.
2) Procurement of materials.
3) Tracking development costs and sticking to a budget.
4) Working with city government (zoning, inspection, permits, and licenses).
5) Development strategies & building a team.
6) L.L.C. formation (creating a business model & plan).
7) Construction site visits with experienced project managers and construction managers.
Tentative Schedule:
Subject to change based on weather.
Saturday, January 21, from 9 am – 6 pm.
Tuesday, January 24, from 4 pm – 8 pm.
Thursday, January 26, from 4 pm – 8 pm.
Saturday, January 28, from 9 am – 6 pm.
Saturday, February 4, from 9 am – 8 pm.
Tuesday, February 7, from 4 pm – 8 pm.
Thursday, February 9, from 4 pm – 8 pm.
Saturday, February 11, from 9 am – 5 pm.
Saturday, March 4, 9 am-1 pm (Final Presentations)
Saturday, March 11, 9 am – 1 pm (Final Presentations)
SNOW DATES: Saturday, February 18, & Saturday February 26 from 9 am – 6 pm.
Eligibility Requirements:
Candidates should:
1) Be a Hartford resident aged 18 years or older.
2) Be actively working to further their careers and/or the desire to seek opportunities in real estate development.
3) Commit to attending each session on time. See the schedule above.
4) Have a commitment to creating homeownership in Hartford.
5) Be able to commit to an additional 10 hours outside of the classroom to complete assignments and have team meetings.
6) Work well with others and be open to collaboration.
7) Comply with all fair housing and market regulations.
8) Application must be submitted by 11:59 pm November 30, 2022. The application will close exactly at 12 midnight.