The Lakatlan (Vacant City) program was launched in 2012, aiming at finding innovative solutions for the community-based regeneration of vacant urban properties. The program brings together initiatives that contribute to the city’s social cohesion, life quality and local economic development with property owners who are willing to make alliance with community energies to revitalize their spaces and neighborhoods. Our activities include advisory services; property mapping; matchmaking; administrative, legal and economic guidance; communication; organisation development and assistance to renovation. Besides these services, we also organize workshops, presentations and debates where international experts share best practices and methodologies with their local counterparts (municipal officers, private developers, planning and design professionals, community representatives), elaborating solutions for Budapest situations. Our vision is a city whose resources are constantly renewed and where vacant properties can accommodate new functions while value-creating initiatives can find new spaces.