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.

Manhattan Weather Full forecast →
Today Jun 5
Mostly Sunny then Chance Showers And Thunderstorms
87° 67°

Mostly Sunny then Chance Showers And Thunderstorms

💨 5 to 10 mph 💧 30%

Leave a Comment





Latest News Stories

Colorado Springs, Denver residents pay among lowest property taxes in U.S.

Colorado Springs, Denver residents pay among lowest property taxes in U.S.

By Elyse ApelThe Center Square Colorado Springs and Denver rank among the least expensive U.S. cities for property tax burden, while Boulder homeowners pay some of the most expensive in...
Illinois quick hits: Pope reacts to Pritzker bill signing

Illinois quick hits: Pope reacts to Pritzker bill signing

By Jim Talamonti | The Center SquareThe Center Square Pope reacts to Pritzker bill signing Pope Leo XIV says he is very disappointed that Illinois Gov. J.B. Pritzker signed Senate...
Study reveals top U.S. states for K-12 education

Study reveals top U.S. states for K-12 education

By Esther WickhamThe Center Square Massachusetts and Virginia rank as the top states for K-12 education, with strong academics, high graduation rates and supportive school environments, according to a new...
2025: More than 2.5 million removed, record number of violent offenders arrested

2025: More than 2.5 million removed, record number of violent offenders arrested

By Bethany BlankleyThe Center Square Under new Trump administration policies, more than 2.5 million people were removed from the U.S. this year, including a record number of violent offenders. This...
Trump to meet Zelensky in Florida Sunday

Trump to meet Zelensky in Florida Sunday

By Andrew RiceThe Center Square President Donald Trump will meet with Ukrainian President Volodymyr Zelensky in Florida on Sunday, according to the Ukrainian president. The two world leaders are expected...
manhattan fire district graphic logo.3

Construction Advances on New Manhattan Fire Station; Ambulance Repairs Scheduled

Manhattan Fire Protection District Meeting | Nov. 17, 2025 Article Summary: Fire Chief Steve Malone updated the board on the progress of the new fire station, reporting that the apparatus...
Will County Board Graphic.04

County Approves Engineering for Peotone Road and Safety Upgrades

Will County Board Meeting | December 18, 2025 Article Summary: The County Board approved a Phase I engineering contract for improvements to Wilmington-Peotone Road and authorized an agreement for license...
U.S. Coast Guard broke records across the board in 2025

U.S. Coast Guard broke records across the board in 2025

By Bethany BlankleyThe Center Square (The Center Square ) – In 2025, the U.S. Coast Guard broke records across the board as the Trump administration poured an historic amount of...
Don’t count on lower electricity prices in 2026

Don’t count on lower electricity prices in 2026

By Lauren JessopThe Center Square For 67 million people relying on electricity from the regional power grid, PJM, cheaper utility bills in 2026 are little more than a pipe dream....
Screenshot 2025-12-20 at 12.27.11 PM

Lincoln-Way Board Approves $731,000 Freshman Laptop Purchase

Lincoln-Way Community High School District 210 Meeting | December 18, 2025 Article Summary: The District 210 Board of Education authorized the purchase of 1,750 Lenovo laptops to equip the incoming...
Will County Board Graphic.01

Monee Solar Farm Projects Granted Extensions

Will County Board Meeting | December 18, 2025 Article Summary: The Will County Board granted six-month extensions for two special use permits related to commercial solar energy facilities in Monee...

WATCH: Report: Americans are still paying off credit debt from last Christmas

By Carleen JohnsonThe Center Square If your last-minute Christmas shopping requires a credit card, you are not alone. According to a new WalletHub report, many Americans are still paying off...
Congressional Conflicts: Curb on lawmakers’ stock trades draws fire for being weak

Congressional Conflicts: Curb on lawmakers’ stock trades draws fire for being weak

By Mark StricherzThe Center Square A limited ban on stock trading by Congress might get a vote next year after a 2012 law did not do enough to stem the...
Wyoming's year in review: Education savings, contentious spending

Wyoming’s year in review: Education savings, contentious spending

By Andrew RiceThe Center Square Wyoming lawmakers passed legislation to expand education savings accounts and property tax protections in 2025. However, the legislature remained divided on substantial spending increases to...
Sufyan Farhan

Frankfort Man Arrested in Gas Station Robbery Found Hiding in McDonald’s Restroom

Article Summary: Sufyan Farhan, 27, was arrested on December 21 following an armed robbery at a Frankfort Circle K. Deputies located the suspect hiding in a nearby McDonald's restroom after...