ELI5: Explain Like I'm 5

Land development bank

A Land Development Bank is a type of bank that helps people buy and develop land. It provides special loans and savings accounts to help people buy land and build homes, businesses, parks, roads, and other important projects on the land. The bank also helps protect the environment by making sure land is developed responsibly and that the projects built on the land are safe and beneficial to the people who will use them. By helping people build these projects, the bank helps create jobs and build local economies.