On July 24, more than 180 representatives from government, community, and real estate firms heard loud and clear – the Cook County Land Bank Authority and South Suburban Land Bank and Development Authority are open for business and ready to put more than 55,000 vacant and abandoned homes, buildings and parcels back into productive use.
The land banks and the Metropolitan Planning Council, in partnership with The PrivateBank, Chicago Rehab Network, Community Investment Corporation, Neighborhood Housing Services and Smart Chicago Collaborative, hosted the workshop to introduce participants to opportunities to partner with the land banks and to each other.
The interactive workshop outlined the land banks’ policies, powers and limitations and explained how community development corporations, neighborhood organizations, developers and investors can tap the land banks as resources. The workshop also covered topics including researching vacant properties, identifying financing options and determining the feasibility of projects. Additional workshops are being planned, so join our email list to be contacted with more information. If you were unable to attend, but would like to see the presentation materials, click on the links below: