Will County Board Graphic.03

Will County Hears Proposal to Establish County-Focused Land Bank for Distressed Properties

Spread the love

Will County Board Executive Committee Meeting | May 14, 2026

Article Summary: The Will County Board Executive Committee on Thursday, May 14, 2026, heard an introductory presentation from Will County Center for Economic Development official Doug Pryor on the possibility of establishing a Will County-focused land bank to return tax-delinquent, abandoned and vacant properties to productive use. The discussion was informational only, with no vote taken; the proposal is expected to return to a future committee meeting for further consideration.

Will County Land Bank Key Points:

  • Pryor’s proposal would create a single-purpose entity through intergovernmental agreement under the Illinois Land Bank Act, with no request for county operating subsidy or new staff.
  • Land banks already operate in Cook, Lake, DuPage and Kankakee counties, along with several regional partnerships in northern Illinois.
  • Several executive committee members raised detailed concerns about board structure, institutional-investor participation and the loss of county control over distressed property.
  • The proposal will return to the executive committee, with member Julie Berkowicz suggesting it warrants a committee-of-the-whole discussion.

WILL COUNTY — The Will County Board Executive Committee on Thursday, May 14, 2026, opened an initial discussion on whether to establish a Will County land bank to acquire and reposition distressed, vacant, abandoned and tax-delinquent properties around the county. The presentation, identified on the agenda as item 26-4802, was led by Doug Pryor of the Will County Center for Economic Development and required no vote.

Pryor told members a land bank is a public or not-for-profit entity narrowly focused on returning problem properties to productive ownership rather than holding land long-term. “These aren’t eminent domain vehicles,” he said. “They’re not going and taking properties. Rather, they are properties that are already abandoned.” Under the Illinois Land Bank Act, such entities are typically structured as intergovernmental agreements with a not-for-profit operator, with board representation drawn from both public and private stakeholders.

The proposal carries no request for an operating subsidy or a new county department, Pryor said. Instead, the county would adopt an enabling ordinance, coordinate tax foreclosure and extinguishment processes, and provide oversight and governance representation. Individual municipalities would decide for themselves whether to participate through separate intergovernmental agreements with the land bank.

Pryor noted that the county currently averages slightly fewer than 3,000 tax sales each year, but that the existing tax sale tool moves properties immediately to auction without offering a strategic redevelopment pathway. Land banks, he said, address fragmented ownership, tax and title complications and limited municipal capacity to redevelop distressed areas. Comparable programs already exist in Cook, Lake and DuPage counties, as well as in Kankakee and northern Illinois.

David Oxley said Will County had operated a similar program several years ago through the Land Use Department under former administrator Tim Mack, focused on rehabilitating foreclosed homes in distressed neighborhoods. Traynere, the chair of the ad hoc Ordinance Review Committee, said she had reviewed similar materials recently and supports moving forward, while noting she wanted to understand how investors and grant funding could support the program without a direct county appropriation.

District 10 member Julie Berkowicz pressed Pryor on the structure of the governing board, including who would sit on it and whether institutional investors might participate. “Our neighborhoods today and for the last 25 years have been struggling with the impact of institutional ownership in our subdivisions,” Berkowicz said. Pryor responded that the structure would be defined in the enabling ordinance and intergovernmental agreement and would be brought before the board for review and a future vote. “Like at the end of the day, it’s not designed to serve large industrial or large capital investors,” he said. “It’s designed to have local regional experts.”

Berkowicz suggested the matter warrants a committee-of-the-whole discussion when it returns for action, and asked that staff provide copies of enabling agreements from neighboring counties for board review. Mica Freeman, who chairs the Capital Improvements and Information Technology Committee, said she could think of several properties in her district that might benefit and pledged to keep watching the proposal as it advances. Pryor said no formal vote was being sought at this meeting and that staff intends to bring a draft enabling ordinance and intergovernmental agreement back to the committee at a future date.

Today Jun 11
Sunny
80° 60°

Sunny

💨 15 mph 💧 0%

Leave a Comment





Latest News Stories

frankfort-square-park-district.2

Hunter Prairie Park Redevelopment on Track, Four-Year Journey Detailed

Frankfort Square Park District Meeting | September 2025 Article Summary: The Frankfort Square Park District's multi-year redevelopment of Hunter Prairie Park is progressing, with a detailed timeline presented at the...
Frankfort School District 157-C.3

Frankfort 157-C Board Approves $47 Million Budget for 2025-2026 School Year

Frankfort School District 157-C Meeting | September 2025 Article Summary: The Frankfort School District 157-C Board of Education unanimously approved a balanced budget for the 2025-2026 fiscal year, projecting total...
frankfort-park-district

Park District Gathers Sports Group Input for State-Funded Master Plan

Frankfort Park District Special Committee Meeting | September 23, 2025 Article Summary: The Frankfort Park District is actively engaging with local sports organizations to gather feedback for its new master plan,...
frankfort-square-park-district.1

Frankfort Square Park District Issues $136,000 in Bonds, Abates Taxes for Residents

Frankfort Square Park District Meeting | September 2025 Article Summary: The Frankfort Square Park District Board of Commissioners approved issuing $136,000 in new bonds to pay off existing debt and...
Lawmakers introduce bills to slash their own pay during government shutdowns

Lawmakers introduce bills to slash their own pay during government shutdowns

By Thérèse BoudreauxThe Center Square With the ongoing government shutdown dragging on for a record-breaking period of time, U.S. lawmakers are introducing bills to make shutdowns as painful for Congress...
94% of sanctioned scholars suffered from free speech attacks

94% of sanctioned scholars suffered from free speech attacks

By Tate MillerThe Center Square A Foundation for Individual Rights and Expression survey shows that 94% of sanctioned university scholars have experienced a negative impact following the attacks on their...
Illinois soybean farmers face uncertainty amid MAHA push against seed oils

Illinois soybean farmers face uncertainty amid MAHA push against seed oils

By Catrina BarkerThe Center Square Illinois soybean farmers face a potential market shakeup if public sentiment, and eventually policy, turns against seed oils, experts warn. Robert F. Kennedy Jr., now...
Family-based visa quotas cause system backlogs

Family-based visa quotas cause system backlogs

By Andrew RiceThe Center Square One of the most prevalent ways for immigrants to gain legal status in the United States is through family-based visas. However, backlogs in the system...
frankfort-park-district.1

Fort Frankfort Playground Surface Poured, But Equipment Delays Persist

Frankfort Park District Special Committee Meeting | September 23, 2025 Article Summary: The Frankfort Park District reported significant progress on the Fort Frankfort playground, with the "poured n' play" safety surface...
Association says housing aid to continue through December

Association says housing aid to continue through December

By Madeline ShannonThe Center Square Federally-funded housing assistance will continue to be paid through December, a national housing association director told The Center Square Friday afternoon. Previously, those who rent...
WATCH: Father of Housing First points to success; We Heart Seattle highlights failures

WATCH: Father of Housing First points to success; We Heart Seattle highlights failures

By Carleen JohnsonThe Center Square On an overcast mid-October day, just inside the Third Avenue offices of We Heart Seattle, Executive Director Andrea Suarez and two of her staff members...
Death threats against ICE officers up by 8,000%, DHS says

Death threats against ICE officers up by 8,000%, DHS says

By Bethany BlankleyThe Center Square Death threats against U.S. Immigration and Customs Enforcement officers are up by 8,000% compared to the same timeframe last year, the Department of Homeland Security...
Colorado sues over Space Command HQ moving to Alabama

Colorado sues over Space Command HQ moving to Alabama

By Elyse ApelThe Center Square Colorado has sued the Trump administration over its decision to move the U.S. Space Command Headquarters out of the state. Colorado Attorney General Phil Weiser...
Illinois quick hits: Pritzker to sign tax, toll increases to bail out transit

Illinois quick hits: Pritzker to sign tax, toll increases to bail out transit

By Jim Talamonti | The Center SquareThe Center Square Pritzker to sign tax, toll increases to bail out transit Gov. J.B. Pritzker says he looks forward to signing public transit...
IL Senate approves Department of Corrections director despite fierce opposition

IL Senate approves Department of Corrections director despite fierce opposition

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Despite a myriad of ongoing issues at the Illinois Department of Corrections, state senators approved the nomination...