Fannie Mae, the national leader in providing money for the secondary mortgage market, said today it will sell 44 Detroit properties it acquired through foreclosure to the Detroit Land Bank Authority. The land bank will demolish some of the properties… Read more ›
The Cuyahoga Land Bank keeps busy in acquisition and demolition of abandoned and nuisance properties throughout the county. After each property is demolished, the contractors are required to properly grade the lot. During demolition, inspections occur before, during, and after… Read more ›
A national nonprofit focused on combating blight is highlighting work from the Macon-Bibb Land Bank Authority in its latest report on land banking. The Center for Community Progress referred to Macon-Bibb as “The Conduit” for the work it does with… Read more ›
Michelle Mendez had a big dream – to find housing for her and her seven children. In October, her dream became a reality when the ribbon was cut on the first Hope House, a collaborative project with the Cuyahoga Land… Read more ›
Cuyahoga County made a strong statement in the fight against blight. At the County Council’s October 28, 2014 meeting, it passed a broad ordinance authorizing a $50 million bond issuance to help fund the demolition of vacant and blighted structures.… Read more ›
A deconstruction movement is brewing across U.S. cities, in an effort to combat neighborhood blight and keep dilapidated homes from hampering nearby home prices. Instead of repairing or rebuilding abandoned or foreclosed homes, some cities are taking the bold move… Read more ›
In and around Cleveland, nearly 6,000 foreclosed and abandoned homes are being destroyed in an effort to save neighborhoods from blight, crime and sinking home prices. Instead of trying to rebuild on these properties, however, the city has been turning… Read more ›
Cuyahoga Land Bank featured as one of seven portraits WASHINGTON, D.C. – An estimated 120 land banks exist in the United States, and their ability to adapt to local conditions and needs is helping communities, large and small, address the… Read more ›
Cleveland is doing a better job than most cities at figuring out new, more productive uses for abandoned lots and homes, according to this story from CNNMoney.com.“In and around Cleveland, nearly 6,000 foreclosed and abandoned homes are being destroyed in an effort… Read more ›
In and around Cleveland, nearly 6,000 foreclosed and abandoned homes are being destroyed in an effort to save neighborhoods from blight, crime and sinking home prices. Instead of trying to rebuild on these properties, however, the city has been turning… Read more ›
The Cuyahoga Land Bank recently partnered with Cleveland State University to host a graduate student from the Marshall College of Law and Maxine Goodman Levin College of Urban Affairs. Graduate student, Ben Scott joined the Cuyahoga Land Bank this past… Read more ›
Some of the most significant strides in Cleveland’s renaissance come from the quietest corners, where people with rolled sleeves toil behind desks, taking on daunting challenges. While their accomplishments aren’t often regaled with flashy grand openings and popping champagne corks,… Read more ›
Mayors and planners from around Cuyahoga County will explore what the county can do to rejuvenate its housing market at the 25th Ohio Fair Lending and Vital Communities Conference. The theme of this year’s conference is “The First 100 Days – a… Read more ›
Inside, the Cuyahoga Land Bank staff consists of a diverse group of professionals at all levels. The Cuyahoga Land Bank’s largest operational expenditure is attributed to the cost of demolition and related demolition charges. Of the Cuyahoga Land Bank’s 30… Read more ›
The Cuyahoga Land Bank works hard to maintain all of the properties in their portfolio. The summer and spring are one of the busiest season for the field service crews. Over this past season, the Cuyahoga Land Bank maintained 1,604 properties… Read more ›
This year’s Ohio Land Bank Conference hosted by The Thriving Communities Institute saw an ever increasing number of participants. The conference was a success, and is a testament to the increase in “land banking” throughout the State. The conference is… Read more ›
In 2010, the US Department of Housing and Urban Development (HUD) and the Cuyahoga County Land Reutilization Corporation, commonly known as the Cuyahoga Land Bank, came to a groundbreaking agreement: HUD would transfer low-value, vacant and abandoned properties to the… Read more ›
The Cuyahoga Land Bank is not only innovative and effective for fighting blight and restoring properties, it also plays an important role in policy and advocacy at the state and federal level. Cuyahoga Land Bank president Gus Frangos and Land… Read more ›
“What we do today is not the end of the process, it’s really the beginning,” said Cuyahoga County Councilman Pernel Jones, shortly before council members voted to approve a plan to make $50 million available for demolition projects in the… Read more ›
Cuyahoga County will soon give cities tens of millions of dollars to tear down blighted buildings. A $50 million bond issue for demolition, debated all year, passed the county council unanimously last night. The aggressive action addresses one of Cleveland’s… Read more ›
The Philadelphia Land Bank — tasked with transforming tax-delinquent and vacant lots and properties into viable community spaces and for–development tracts — is awaiting final act on legislation that would give the group full authority to continue its work and… Read more ›