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 →
Fri Jun 5
Showers And Thunderstorms Likely
86° 65°

Showers And Thunderstorms Likely

💨 5 to 10 mph 💧 63%

Leave a Comment





Latest News Stories

Illinois quick hits: Madigan disbarred; taxpayers subsidize medical debt relief

Illinois quick hits: Madigan disbarred; taxpayers subsidize medical debt relief

By Jim Talamonti | The Center SquareThe Center Square Madigan disbarred Former Illinois House Speaker Michael Madigan is no longer licensed to practice law in the Land of Lincoln. The...
Screenshot 2025-11-19 at 9.30.24 AM

Will County Executive Committee to Hash Out Budget Cuts Following Levy Reduction

Will County Board Executive Committee Meeting | November 13, 2025 Article Summary: Following a Finance Committee vote to reduce the proposed 2026 property tax levy increase, Will County Board leaders on...
Meeting Briefs

Meeting Summary and Briefs: Manhattan Township for September 9, 2025

Manhattan Township Meeting | September 9, 2025 During its meeting on Tuesday, September 9, 2025, the Manhattan Township Board scheduled a special meeting to establish rules for solar farm development,...
Inflation-adjusted teacher salaries drop despite record spending on public education

Inflation-adjusted teacher salaries drop despite record spending on public education

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A new report says structural problems have led to record-high spending on public education in Illinois and...
Illinois quick hits: CDC's autism and vaccines website criticized by IDPH

Illinois quick hits: CDC’s autism and vaccines website criticized by IDPH

By Jim Talamonti | The Center SquareThe Center Square CDC's autism and vaccines website criticized The Illinois Department of Public Health is criticizing the U.S. Centers for Disease Control and...
IL GOP U.S. Senate candidate says state needs balanced representation

IL GOP U.S. Senate candidate says state needs balanced representation

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Despite having to push through a potentially crowded primary field, Republican U.S. Senate candidate Don Tracy says...
Wheat price drop brings notable Thanksgiving savings for Illinois families

Wheat price drop brings notable Thanksgiving savings for Illinois families

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois families will see some relief at the Thanksgiving table this year, with the average cost...
Illinois lawmaker calls FDA hormone therapy reversal ‘overdue’

Illinois lawmaker calls FDA hormone therapy reversal ‘overdue’

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – An Illinois lawmaker and practicing physician weighs said U.S. Health and Human Services Secretary Robert F....
IL Rep on congressmen trading: 'We're not going to take a pile of money to hell'

IL Rep on congressmen trading: ‘We’re not going to take a pile of money to hell’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – An Illinois congresswoman says the public is right to be alarmed about elected officials enriching themselves through...
Illinois quick hits: Officer shot report numbers down; Thanksgiving meal costs down

Illinois quick hits: Officer shot report numbers down; Thanksgiving meal costs down

By Jim Talamonti | The Center SquareThe Center Square Officer shot report numbers down The National Fraternal Order of Police reports, through Oct. 31, 285 police officers have been shot...
WATCH: Chicago activist testifies; Quinn’s millionaire surcharge; High SNAP error rate

WATCH: Chicago activist testifies; Quinn’s millionaire surcharge; High SNAP error rate

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares highlights from...
GE Appliances announces $150 million partnerships

GE Appliances announces $150 million partnerships

By Andrew Rice | The Center SquareThe Center Square (The Center Square) - GE Appliances announced Thursday it is investing more than $150 million into contracts for suppliers in the...
Screenshot 2025-11-19 at 9.30.06 AM

Frankfort, Will County Partner on Wildlife Rabies Control

Will County Board Executive Committee Meeting | November 13, 2025 Article Summary: The Will County Board Executive Committee recommended approval of an intergovernmental agreement on Thursday, November 13, 2025, that allows...
Screenshot 2025-11-19 at 9.30.44 AM

Executive Committee Approves Appointments for Washington Township, Emergency Telephone Boards

Will County Board Executive Committee Meeting | November 13, 2025 Article Summary: The Will County Board Executive Committee on Thursday, November 13, 2025, recommended the approval of two key appointments, filling...
Manhattan School District 114 Logo Graphic

Manhattan D114 Schools Earn ‘Exemplary’ Status in State Report Card

Manhattan School District 114 Meeting | November 12, 2025 Article Summary:Manhattan School District 114 received outstanding results on the 2025 Illinois School Report Card, with three of its four schools...