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° 61°

Sunny

💨 10 to 15 mph 💧 0%

Leave a Comment





Latest News Stories

Trump slices China fentanyl tariff in half following meeting with Xi

Trump slices China fentanyl tariff in half following meeting with Xi

By Sarah Roderick-FitchThe Center Square President Donald Trump feels confident the flow of fentanyl from China will be curbed following a “great meeting” with Chinese President Xi Jinping in South...
Trump orders Department of War to begin testing nuclear weapons

Trump orders Department of War to begin testing nuclear weapons

By Brett RowlandThe Center Square President Donald Trump on Wednesday ordered the U.S. Department of War to immediately start testing U.S. nuclear weapons just ahead of a meeting with President...
WATCH: Tax proposals draw questions from Pritzker and GOP state rep

WATCH: Tax proposals draw questions from Pritzker and GOP state rep

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois lawmakers are considering progressive revenue measures in the final hours of the fall veto session, but...
Illinois quick hits: Former sheriff's deputy guilty in Massey murder; appeals court intervenes in Bavino case

Illinois quick hits: Former sheriff’s deputy guilty in Massey murder; appeals court intervenes in Bavino case

By Jim Talamonti | The Center SquareThe Center Square Former sheriff's deputy guilty in Massey murder A jury has found a former Sangamon County sheriff’s deputy guilty of second-degree murder...

WATCH: Warnings of higher IL property taxes heard as pension bill advances

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Supporters of an Illinois Statehouse pension measure say it is a “fix” for Tier 2 public employee...
Top-selling automaker confirms U.S. investment, but no details yet

Top-selling automaker confirms U.S. investment, but no details yet

By Brett RowlandThe Center Square The world's top-selling automaker said it plans to continue investing in U.S. operations but wouldn't confirm on Wednesday that it will be $10 billion, as...
Fentanyl poised to take center stage during Trump, Xi meeting

Fentanyl poised to take center stage during Trump, Xi meeting

By Sarah Roderick-FitchThe Center Square Fentanyl is set to be at the center of President Donald Trump’s scheduled meeting with Chinese President Xi Jinping Thursday morning. Trump told reporters last...
'Outrageous': Lawmakers bash Biden admin for targeting, surveilling 156 Republicans

‘Outrageous’: Lawmakers bash Biden admin for targeting, surveilling 156 Republicans

By Thérèse BoudreauxThe Center Square The Biden administration’s probe into President Donald Trump’s 2020 election loss progressed far beyond investigating potential fraud and potentially targeted 156 conservatives and conservative organizations....

WATCH: Cruz calls on House to impeach federal judge over subpoenas of Republicans

By Andrew RiceThe Center Square U.S. Sen. Ted Cruz, R-Texas, on Wednesday called on the U.S. House of Representatives to impeach a federal judge involved in an investigation into President...

WATCH: Pritzker declares agricultural trade ‘crisis’ while Trump touts new deals

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker has signed an executive order to declare an agricultural trade crisis in Illinois. The...
Amnesty International condemns U.S. strikes on suspected drug boats

Amnesty International condemns U.S. strikes on suspected drug boats

By Brett RowlandThe Center Square Amnesty International, a human rights organization, condemned U.S. military strikes on suspected drug boats in the Caribbean and eastern Pacific that have killed 57 people...
‘Astonishingly reckless:’ IL Dems intro tax on ‘unrealized gains’ to fund transit

‘Astonishingly reckless:’ IL Dems intro tax on ‘unrealized gains’ to fund transit

By Jonathan Bilyk | Legal NewslineThe Center Square With just two days remaining in the Illinois legislative fall veto session, Illinois Democratic state lawmakers have introduced new legislation, ostensibly designed...
Illinois beef producers say Trump’s Argentina beef plan hurts farmers

Illinois beef producers say Trump’s Argentina beef plan hurts farmers

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois beef producers express frustration over President Donald Trump’s plan to expand beef imports from Argentina,...
WATCH: Expect tax and fee increases for veto; Democrats want more sanctuary policies

WATCH: Expect tax and fee increases for veto; Democrats want more sanctuary policies

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop reviews the prospects...
Illinois quick hits: Bailey family announces memorial services; digital currency scam losses

Illinois quick hits: Bailey family announces memorial services; digital currency scam losses

By The Center SquareThe Center Square Bailey family announces memorial services Republican gubernatorial candidate Darren Bailey has announced details of memorial services for his family members who died in a...