We are often asked about the day-to-day work of the Cuyahoga Land Bank from curious residents and community leaders. In this ongoing Behind the Scenes series, we take a look at the strategic land assembly work performed by the Cuyahoga… Read more ›
In the sixth installment of our FAQ video series, we explore programs available for the purchase and renovation of a Cuyahoga Land Bank home. The most popular program is the Deed-in-Escrow Program. An interested buyer is provided with a renovation… Read more ›
In the fourth installment of a series of Cuyahoga Land Bank FAQ videos, Land Bank President and General Counsel Gus Frangos explains how the Cuyahoga Land Bank acquires properties into our inventory. There are three sources: 1) REO (Real Estate… Read more ›
In the third of a series of Cuyahoga Land Bank FAQ videos, Land Bank President and General Counsel Gus Frangos explains what makes land banks a potent tool. 1) They have the ability to operates as a corporation, which allows… Read more ›
http://cuyahogalandbank.org In this FAQ video, Cuyahoga Land Bank Director of IT and Research Michael Schramm explain how the Cuyahoga Land Bank uses technology. The Cuyahoga Land Bank has an in-house database called the Property Profile System that contains current information… Read more ›
http://cuyahogalandbank.org In this FAQ video, Cuyahoga Land Bank President Gus Frangos explains how the Cuyahoga Land Bank is funded. Its primary funding source is the a percentage of penalty and interest on delinquent property taxes. Much of the remaining revenue… Read more ›
http://cuyahogalandbank.org The Cuyahoga Land Bank often collaborates with outside agencies and governments. Land Bank reaches out to organization who have a need for housing or land in order to fulfill their mission. For example, the Cuyahoga Land Bank partnered with… Read more ›
http://cuyahogalandbank.org The Cuyahoga Land Bank acquires about 100 properties a month, which it assesses – after vacancy has been confirmed – in order to determine whether the property can be renovated or must be demolished. Assessments consider electrical, plumbing, HVAC,… Read more ›
http://cuyahogalandbank.org The Cuyahoga Land Bank has several programs for the purchase and renovation of properties in its inventory. The most popular program is the Deed-in-Escrow Program. An interested buyer is provided with a renovation specification. If a buyer can demonstrate… Read more ›
http://cuyahogalandbank.org This FAQ video explains what the Cuyahoga Land Bank does with the properties in its inventory. The Cuyahoga Land Bank acquires about 100 properties a month, which it assesses – after vacancy has been confirmed – in order to… Read more ›
http://cuyahogalandbank.org Cuyahoga Land Bank President Gus Frangos explains where the Cuyahoga Land Bank obtains its properties. There are three sources: 1) REO (Real Estate Owned) Properties. This includes banks, Fannie Mae and HUD. 2) Tax foreclosures of vacant and abandoned… Read more ›
http://cuyahogalandbank.org Cuyahoga Land Bank President Gus Frangos explains what makes land banks a potent tool. 1) They have the ability to operates as a corporation, which allows land banks to buy, sell, trade and loan very efficiently and be flexible.… Read more ›
http://cuyahogalandbank.org Cuyahoga Land Bank President Gus Frangos explains the need for County Land Banks. The foreclosure crisis created large scale abandonment of properties that continue to deteriorate. These distressed properties lower property values and decrease safety. County Land Banks provide… Read more ›
Land Bank President and General Counsel Gus Frangos explores one of ten frequently asked questions about the Cuyahoga Land Bank: What is a County Land Bank? According to Gus, an easy way to understand a County Land Bank is to… Read more ›
Every property that enters the Cuyahoga Land Bank’s inventory must be assessed so that the Land Bank can determine if it should be rehabbed or demoed. Learn about what goes into the assessment process by watching this quick video
The Cuyahoga Land Bank works with both large and small professional, qualified rehabilitation contractors in addition to rehabilitating select properties on its own. If you are interested in buying a house to renovate from the Cuyahoga Land Bank, please review… Read more ›
The Cuyahoga Land Bank and the International Services Center (ISC) are partnering to create The Discovering Home Program: A New Beginning in order to provide housing for refugees settling in Northeast Ohio. The organizations, along with Fannie Mae, will invest… Read more ›
Watch the video here. The Cuyahoga Land Bank works with both large and small professional, qualified rehabilitation contractors in addition to rehabilitating select properties on its own. If you are interested in buying a house to renovate from the Cuyahoga… Read more ›
The Mission of the Cuyahoga County Land Reutilization Corp. is to strategically acquire properties, return them to productive use, reduce blight, increase property values, support community goals and improve the quality of life for county residents. A major aspect of… Read more ›
The Mission of the Cuyahoga County Land Reutilization Corp. is to strategically acquire properties, return them to productive use, reduce blight, increase property values, support community goals and improve the quality of life for county residents. A major aspect of… Read more ›
