LAND BANK REDEVELOPMENT.

SEC. 214. LAND BANK REDEVELOPMENT. (a) Priorities for Capacity Development.—Section 242 of the Cranston-Gonzalez National Affordable Housing Act (42 U.S.C. 12782) is amended— (1) in paragraph (4), by striking “and” at the end; (2) in paragraph (5), by striking the period at the end and inserting “; and”; and (3) by adding at the end the following: “(6) facilitate the establishment and efficient operation of land bank programs, under which title to vacant and abandoned parcels of real estate located in or causing blighted neighbor-hoods is cleared for use consistent with the purposes of this title”.