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.

Sun Jun 14
Sunny
75° 54°

Sunny

💨 5 to 10 mph 💧 0%

Leave a Comment





Latest News Stories

DHS wants millions more from taxpayers after federal SNAP changes

DHS wants millions more from taxpayers after federal SNAP changes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Department of Human Services is seeking millions of extra dollars from state taxpayers due to...
Minnesota updates lawsuit, cites $840M toll from Operation Metro Surge

Minnesota updates lawsuit, cites $840M toll from Operation Metro Surge

By Elyse ApelThe Center Square New data filed in Minnesota’s lawsuit over Operation Metro Surge estimates more than $240 million in lost wages and more than $600 million in business...
Experts: Arizona law bars local policies restricting ICE

Experts: Arizona law bars local policies restricting ICE

By Zachery SchmidtThe Center Square Arizona local government policies restricting federal immigration enforcement from performing their duties are illegal because state law overrides local law, according to experts. In recent...
Illinois Millionaires Tax doesn’t get support

Illinois Millionaires Tax doesn’t get support

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A proposed millionaires tax was shot down late Wednesday in the Illinois House of Representatives. Democrat leadership...
Pritzker bans insider trading by state employees, faces hypocrisy claims

Pritzker bans insider trading by state employees, faces hypocrisy claims

By Sean Reed | The Center SquareThe Center Square (The Center Square) – New rules for employees of the state of Illinois will prevent betting on the outcomes of current...
House to take up GOP budget resolution next week

House to take up GOP budget resolution next week

By Thérèse BoudreauxThe Center Square After six hours of failed amendment votes, the U.S. Senate adopted Republicans’ budget resolution to fund immigration enforcement in a 50-48 vote early Thursday. U.S....
Benson faces scrutiny over SPLC ties as group indicted

Benson faces scrutiny over SPLC ties as group indicted

By Elyse ApelThe Center Square Michigan Secretary of State and Democrat gubernatorial candidate Jocelyn Benson is facing scrutiny over her past role with the Southern Poverty Law Center following a...
Trump moves medical marijuana to Schedule III in historic shift

Trump moves medical marijuana to Schedule III in historic shift

By Brett RowlandThe Center Square The Trump administration on Thursday moved medical marijuana from one of the most restricted drug classifications to a less regulated category, a historic shift that...
Autism care providers, parents urge change in ownership mandate

Autism care providers, parents urge change in ownership mandate

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Autism care providers and parents say a crisis is looming for Illinois’ network of services. Dr. Rebecca...
Analyst: Southern Poverty Law Center indictment will increase scrutiny of group

Analyst: Southern Poverty Law Center indictment will increase scrutiny of group

By Tate MillerThe Center Square The Department of Justice’s indictment of the Southern Poverty Law Center will “increase public scrutiny” of the tax-exempt organization, which has nearly $800 million in...
Illinois Quick Hits: Bears want more from state

Illinois Quick Hits: Bears want more from state

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Chicago Bears say a megaprojects bill passed by the Illinois House needs additional amendments in order...
Will County Board Graphic.04

Will County Board Approves Controversial Solar Farms Following Court Mandate

Will County Board Meeting | April 16, 2026 Article Summary: Under the strict constraints of a court-issued writ of mandamus, the Will County Board grudgingly approved multiple special use permits...
Bears, megaprojects tax incentive bill heads to Senate after clearing House

Bears, megaprojects tax incentive bill heads to Senate after clearing House

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois House has passed legislation to provide tax incentives for the Chicago Bears and other megaprojects...
Lawmakers, administrator offer differing perspectives on proposed NASA budget

Lawmakers, administrator offer differing perspectives on proposed NASA budget

By Morgan SweeneyThe Center Square Republicans and Democrats came together in a rare moment of agreement on Capitol Hill Wednesday, saying NASA would not be able to carry out the...
House Dems pass redistricting amendment GOP says will lead to more gerrymandering

House Dems pass redistricting amendment GOP says will lead to more gerrymandering

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Democrat state legislators say they are one step closer to standing against attacks on voting rights after...