Monthly Archives: November 2017

Cook County Land Bank Authority Celebrates Its 200th Rehabilitated Home

By Craig Dellimore, CBS Chicago | November 20th, 2017 (Click here for the original article)
CHICAGO (CBS) — The Cook County Land Bank Authority celebrated Monday the 200th home that’s been rehabilitated under the innovative program.
Cook County Commissioner Bridget Gainer helped create the Land Bank after the 2008 subprime mortgage crisis. WBBM’s Political Editor Craig Dellimore reports.
She said most people did not have the expertise or ability to buy the homes vacated during the debacle.
“We built this thing called a land bank. We went into communities where homes were sitting vacant, we bought them up, cleared the titles…and then put them out on a really simple website where […]

By |November 21st, 2017|News Articles, News articles on CCLBA|Comments Off

County land bank unveils 200th rehabbed house

By Dennis Rodkin, Crain’s Business Chicago | November 20th, 2017  (Click here for the original article)
A stylishly rehabbed Chicago Lawn bungalow is the 200th formerly derelict home revitalized through the Cook County Land Bank, officials are announcing today, as the agency hits the benchmark a few months ahead of schedule.
“When we started, that goal of 200 homes seemed like a hairy, scary goal because nothing like this had been done in Chicago before,” said Rob Rose, executive director of the land bank, launched by the Cook County Board in 2013 to speed up the process of turning around the county’s huge inventory of foreclosed homes.
Shortly […]

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