Interview with Aarica L. Coleman, CEO of Land Bank Twin Cities: Building on Mission and Values
Land Bank Twin Cities Welcomes New CEO Aarica L. Coleman
After a year-long search, Land Bank Twin Cities has announced the appointment of Aarica L. Coleman as its new CEO. Coleman brings with her a wealth of experience, having worked in local government for about 10 years before taking on this new role.
Land Bank Twin Cities is a nonprofit organization that focuses on returning tax-forfeited land and foreclosed properties to the market. It is the only land bank in Minnesota and plays a crucial role in buying land and providing commercial lending to emerging developers and others in the commercial real estate space.
In a recent interview, Coleman shared her excitement about the transition into her new role, highlighting her background in real estate, finance, and affordable housing. She explained that the mission of Land Bank Twin Cities aligns with her values, making it a natural fit for her to lead the organization.
Looking ahead, Coleman envisions Land Bank Twin Cities becoming a household name in the seven-county metro area and expanding its impact to other areas of Minnesota. She also emphasized the importance of collaboration with organizations like the Minneapolis Area Realtors and the Minnesota Realtors, noting how their work intersects with the mission of Land Bank Twin Cities.
With Coleman at the helm, Land Bank Twin Cities is poised to continue its mission of promoting economic mobility through real estate and lending, while also advocating for affordable homeownership and property rights. Coleman’s experience and passion for community development make her a valuable asset to the organization as it moves forward in its efforts to create positive change in the region.