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 14
Mostly Sunny
74° 56°

Mostly Sunny

💨 5 to 10 mph 💧 0%

Leave a Comment





Latest News Stories

Vote postponed on Southwest congressmen's wildfire bill

Vote postponed on Southwest congressmen’s wildfire bill

By Derek DraplinThe Center Square The Center Square) – Members of Congress debated a bill on Tuesday that would change how the federal government handles air quality monitoring influenced by...
Trump's $1.5 trillion military budget: What taxpayers are getting

Trump’s $1.5 trillion military budget: What taxpayers are getting

By Brett RowlandThe Center Square The Pentagon's top budget official said Tuesday that the agency's failure to pass eight consecutive audits shouldn't stop Congress from approving the largest military budget...
DOJ indicts Southern Poverty Law Center on wire, bank fraud charges

DOJ indicts Southern Poverty Law Center on wire, bank fraud charges

By Dan McCalebThe Center Square A federal grand jury on Tuesday indicted the Southern Poverty Law Center on 11 counts of wire and bank fraud and conspiracy to commit money...
Ceasefire extended, fractured Iranian government cited

Ceasefire extended, fractured Iranian government cited

By Sarah Roderick-FitchThe Center Square With hours left before the two-week ceasefire between the U.S. and Iran was set to expire, President Donald Trump has extended it, citing a “seriously...
Lawmakers call for AI in financial literacy, systems

Lawmakers call for AI in financial literacy, systems

By Andrew RiceThe Center Square Lawmakers and industry leaders proposed implementing artificial intelligence to address gaps in financial literacy across the country. The lawmakers spoke at Axios’ Financial Confidence event...
FTC probe into APA urged over contradictory stances on gender-affirming care for minors

FTC probe into APA urged over contradictory stances on gender-affirming care for minors

By Tate MillerThe Center Square Medical group Do No Harm sent a letter Monday to the Federal Trade Commission urging an investigation into the American Psychological Association, accusing APA of...
Cherfilus-McCormick resigns from U.S. House

Cherfilus-McCormick resigns from U.S. House

By Merrilee GasserThe Center Square U.S. Rep. Sheila Cherfilus-McCormick, a Democrat from Florida, resigned from Congress Tuesday minutes before a House Ethics Committee hearing that would have decided sanctions against...
International Energy Agency leader says energy crisis worst in history

International Energy Agency leader says energy crisis worst in history

By Alton WallaceThe Center Square The conflict between Iran and the United States and Israel is creating the worst energy crisis ever faced by the world, the head of the...
Republicans unveil budget resolution allotting up to $140 billion for ICE, CBP

Republicans unveil budget resolution allotting up to $140 billion for ICE, CBP

By Thérèse BoudreauxThe Center Square U.S. Senate Republicans released a blueprint for their immigration enforcement funding bill Tuesday, paving the way to reopen the Department of Homeland Security, which has...
Military spy budget surges 49%, details secret

Military spy budget surges 49%, details secret

By Brett RowlandThe Center Square President Donald Trump's Pentagon requested $50 billion from taxpayers on Tuesday for a budget so secret that the military will only say how much it...
Illinois Quick Hits: CTA leader addresses transit security

Illinois Quick Hits: CTA leader addresses transit security

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Transit Authority Acting President Nora Leerhsen says the agency has increased law enforcement hours by 75%...
Advocacy groups respond to new executive order on psychedelics

Advocacy groups respond to new executive order on psychedelics

By Morgan SweeneyThe Center Square Some say President Donald Trump’s new executive order on psychedelics goes too far, while others say it’s a good first step, but more action is...
Senators grill Warsh on Fed independence, assets

Senators grill Warsh on Fed independence, assets

By Andrew RiceThe Center Square Senators grilled Kevin Warsh, President Donald Trump’s nominee to lead the Federal Reserve, over his asset disclosures and independence from the president’s decision-making. The U.S....
U.S. Supreme Court declines to hear Cuomo COVID-19 lawsuit

U.S. Supreme Court declines to hear Cuomo COVID-19 lawsuit

By Chris WadeThe Center Square The U.S. Supreme Court has declined to hear a lawsuit against former New York Gov. Andrew Cuomo, claiming he was responsible for nursing home deaths...
Illinoisans 'ought be concerned' report ranks IL 45th for economic outlook

Illinoisans ‘ought be concerned’ report ranks IL 45th for economic outlook

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A tax and fiscal policy task force director says Illinois residents ought to be concerned about the...