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 3
Mostly Sunny
86° 66°

Mostly Sunny

💨 10 to 15 mph 💧 0%

Leave a Comment





Latest News Stories

WATCH: IL Republican pushes for TX quorum rules that Pritzker hails as ‘hero’ move

WATCH: IL Republican pushes for TX quorum rules that Pritzker hails as ‘hero’ move

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – While Gov. J.B. Pritzker jokes on national TV that Illinois’ congressional maps were drawn by kindergartners, a...
Police Crime

Manhattan Police Report

Disclaimer: Charges against each defendant are merely an accusation, with all defendants presumed innocent unless proven guilty in a court of law. On July 31, 2025, at 1:49 P.M. officers...
Fire-Ambulance-Rescue-Logo

Indiana Woman Identified as Victim in Fatal Wilmington-Peotone Road Crash

The Will County Coroner’s Office has officially identified the woman killed in Tuesday’s fatal crash on Wilmington-Peotone Road as 70-year-old Judith L. Stirm of Delphi, Indiana. In a statement, Coroner...
Frankfort-Police-Rescue

Multiple Agencies Rescue Person in Mental Health Crisis from Frankfort Pond

A person experiencing a mental health crisis was safely rescued from a pond near 80th Avenue in Lakeview Estates on Wednesday after a coordinated response by multiple emergency agencies. Frankfort...
Green-Garden-Logo.WP

Green Garden Township Forges Ahead with New Town Hall Plan, Faces Budget and Neighbor Concerns

The Green Garden Township Board is advancing an ambitious plan to build a new, larger town hall and community center on a six-acre parcel south of its current location, a...
Meeting-7.28.25

IT Consultant Urges Green Garden Township to Adopt Modern Cybersecurity Measures

Green Garden Township’s digital infrastructure is vulnerable to cybercrime and requires an immediate overhaul, including adopting a modern, secure email system and multifactor authentication, an IT consultant told the board...
Sanchez

Sanchez Family Unveils Major Redevelopment Plan for Monee Industrial Property

Article Summary: Developer Luis Sanchez, a key figure in Monee's commercial growth for two decades, presented a plan to revitalize an industrial property on Industrial Drive. The project, which includes...
Screenshot-2025-08-13-at-2.15.28-PM

Monee Approves Over $566,000 Payment for New Public Works Facility Nearing Completion

Article Summary: The Monee Village Board approved a payment of $566,134.16 for the ongoing construction of its new Public Works building. Officials reported the project is on track for a...
Screenshot-2025-08-13-at-2.11.44-PM

Sheepdog Firearms Gets Green Light for Special Use Permit in Monee

Article Summary: Sheepdog Firearms received final approval from the Monee Village Board for a special use permit to operate a retail and firearms range facility at 25812 S. Sunset Drive....
Wintrust-Crossroads-Sports-Complex

New Lenox Prepares for Grand Opening of Wintrust Crossroads Sports Complex

NEW LENOX – After months of anticipation and intensive work, the New Lenox Community Park District is making final preparations for the grand opening of its flagship Wintrust Crossroads Sports...
New-Lenox-School-122.2

New Lenox D122 Board Approves Tentative Budget, Sets September Public Hearing

The New Lenox School District 122 Board of Education has approved a tentative budget for the 2025-2026 fiscal year, maintaining its long-standing practice of balanced budgets funded by existing cash...
New-Lenox-Township-Food-Pantry

New Lenox Township Food Pantry Reports Record Demand in May

NEW LENOX – The New Lenox Township Food Pantry experienced a record level of need in May, serving 431 families and 1,107 individuals, according to a report at the June...
NL-VB-July-28

New Lenox to Dedicate Street Honoring Pope Leo XIV, Citing Deep Local Ties

NEW LENOX – The Village of New Lenox is celebrating its unique connection to the newly elected Pope Leo XIV, the first American to lead the Roman Catholic Church, by...
New-Lenox-School-122.7

D122 Renews Insurance Policies for Nearly $490,000

The New Lenox School District 122 Board of Education has renewed its property/casualty and worker's compensation insurance policies for the 2025-2026 school year, with total costs amounting to nearly $490,000....
new-lenox-township.2

New Lenox Township Addresses Cemetery Needs, Appoints New Liaison

NEW LENOX – New Lenox Township is turning its attention to the care and potential expansion of its cemeteries, an effort that will be spearheaded by a newly elected trustee....