County Land Banking in Ohio

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Ohio Properties Redevelopment Institute Session 2: Land Banks

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County Land Banking in Ohio

  1. 1. County Land Banking in OhioThriving Communities Institute From Vacancy to Vitality A Program of Western Reserve Land Conservancy
  2. 2. County Land Banks: Response to Foreclosure Crisis • Response to worst housing crisis in U.S. History • Acquire vacant and abandoned property • Deference to cities • Triage • Dispose or holdThriving Communities Thriving Communities InstituteInstitute From Vacancy to Vitality A Program of Western Reserve LandWestern Reserve Land Conservancy Conservancy
  3. 3. 43 Eligible Counties Restricted to counties with population60,000 or greater Thriving Communities Institute From Vacancy to Vitality A Program of Western Reserve Land Conservancy
  4. 4. Establishing the County Land BankCOUNTY COMMISSIONERS (Create R.C. 5722 Land Bank) COMMISSIONERS PASS RESOLUTION AUTHORIZING COUNTY TREASURER TO INCORPORATE LRC VIA R.C. 1724 COUNTY TREASURER TREASURER INCORPORATES LRC VIA R.C. 1724 LRC BOARD OF DIRECTORS IS LRC BOARD CREATES LAND REUTILIZ ATION CREATED PLAN FOR ADOPTION BY COUNTY COMMISSIONERS LRC BOARD IMPLEMENTS PROGRAMMING ACTIVITIES PROGRAMMING ACTIVITIES Thriving Communities Institute From Vacancy to Vitality A Program of Western Reserve Land Conservancy
  5. 5. County Land Bank OperationsBANK REO’s DEED IN LIEU HUD GSE’s TAX FORECLOSED PROPERTY TRIAGERESPONSIBLE FOR DEMOLISH MOTHBALL REHABILITATION PROGRAMS: • SIDE YARD HOLD FOR RESALE TO • INFILL HOUSING STRATEGIC RESPONSIBLE • GREEN SPACE ASSEMBLY & QUALIFIED • URBAN GARDENS ECONOMIC BUYER/REHABBER DEVELOPMENT Thriving Communities Institute From Vacancy to Vitality A Program of Western Reserve Land Conservancy

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