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.

Leave a Comment





Latest News Stories

WATCH: Small business group: Pritzker-signed bills are wrong move

WATCH: Small business group: Pritzker-signed bills are wrong move

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) − Gov. J.B. Pritzker has signed legislation that he says will protect workers, but a small business advocate...
Grand Canyon fire now 54% contained; 144,432 acres burned

Grand Canyon fire now 54% contained; 144,432 acres burned

By Zachery SchmidtThe Center Square America’s largest active wildfire is now 54% contained, according to a report on a U.S. government website. Containment of the Dragon Bravo Fire in Arizona...
Report: Post-election audits in swing states insufficient

Report: Post-election audits in swing states insufficient

By Elyse ApelThe Center Square A recent report analyzed the 2024 post-election audits of seven swing states, finding that many were “inadequate” and lacking “transparency.” In Michigan, it found that...
U.S. producer prices surge in July as tariffs increase costs

U.S. producer prices surge in July as tariffs increase costs

By Brett RowlandThe Center Square U.S. wholesale inflation surged last month, a sign that President Donald Trump's tariffs are boosting costs and higher prices may be on the way. The...
Colorado sued over social media warnings for minors

Colorado sued over social media warnings for minors

By Elyse ApelThe Center Square An internet trade group filed a lawsuit against Colorado Thursday morning, challenging a new law that would require social media platforms to regularly send pop-up...
WATCH: Illinois In Focus Daily | Thursday Aug. 14th, 2025

WATCH: Illinois In Focus Daily | Thursday Aug. 14th, 2025

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 shares highlights from...
Chicago’s commercial property taxes spike to twice national city average

Chicago’s commercial property taxes spike to twice national city average

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – Chicago business owners are now being forced to pay some of the highest commercial property taxes...
Illinois quick hits: Court rejects lawsuit against Texas Democrats; no charges for police

Illinois quick hits: Court rejects lawsuit against Texas Democrats; no charges for police

By Jim Talamonti | The Center SquareThe Center Square Court rejects lawsuit against Texas Democrats An Adams County judge has rejected a lawsuit against 33 Texas House Democrats who absconded...
Illinois judge rejects Texas legislature lawsuit over absconding Dems

Illinois judge rejects Texas legislature lawsuit over absconding Dems

By Bethany BlankleyThe Center Square An Illinois judge has rejected a lawsuit filed by the state of Texas against 33 House Democrats who absconded from the state to stop legislative...
DOJ settles race-based admissions with military academies

DOJ settles race-based admissions with military academies

By Esther WickhamThe Center Square The Department of Justice announced this week a settlement of litigation challenging the race-based admissions practices at the U.S. Military Academy at West Point and...
More California voters are liking Trump's job performance

More California voters are liking Trump’s job performance

By Jamie ParsonsThe Center Square President Donald Trump’s job approval rating in California is slightly higher than what it was at this time in his first term and from when...
U.S. national debt tops $37 trillion

U.S. national debt tops $37 trillion

By Brett RowlandThe Center Square Congress has spent more money than it has collected for the last two decades, allowing the U.S. debt to top $37 trillion for the first...
Illinois quick hits: Human trafficking law signed; Mercyhealth to pay for COVID vaccine discrimination

Illinois quick hits: Human trafficking law signed; Mercyhealth to pay for COVID vaccine discrimination

By Jim Talamonti | The Center SquareThe Center Square Human trafficking law signed Gov. J.B. Pritzker has signed legislation requiring state agencies to develop a strategic unified plan to build...
Justice Department finds GWU in violation of Title VI

Justice Department finds GWU in violation of Title VI

By Esther WickhamThe Center Square The U.S. Department of Justice announced this week that George Washington University violated federal civil rights laws by doing nothing while Israeli students faced antisemitic...
WATCH: Nearly 400 people become U.S. citizens at Illinois State Fair

WATCH: Nearly 400 people become U.S. citizens at Illinois State Fair

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Nearly 400 people from more than 70 different countries became naturalized U.S. citizens Wednesday at the Illinois...