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.

Leave a Comment





Latest News Stories

An 'arms race' for pay at elite, tax-exempt colleges

An ‘arms race’ for pay at elite, tax-exempt colleges

By Jared StrongThe Center Square Top private nonprofit universities that receive government funding pay some of their top leaders millions of dollars and one even received a $20 million longevity...
Inflation rises to 3.8%, driven by energy prices

Inflation rises to 3.8%, driven by energy prices

By Andrew RiceThe Center Square Inflation increased 0.6% in April, with an overall rate of 3.8% over the last 12 months, according to new data from the U.S. Bureau of...
New congressional map expected for Alabama in wake of high court ruling

New congressional map expected for Alabama in wake of high court ruling

By Alan WootenThe Center Square Alabama could soon have a congressional map in place that would offer the chance for a Republican gain of seat in the U.S. House of...
Screenshot 2026-05-05 at 2.00.13 PM

Manhattan District 114 Explores Joint Community Survey for Fall Strategic Plan

Manhattan School District 114 Board of Education Meeting | April 29, 2026 Article Summary: The Manhattan School District 114 Board of Education is considering partnering with the Village of Manhattan...
Will County Board Graphic.04

State Legislative Update: Housing Mandates, Mega Projects, and Data Centers Prompt Local Control Concerns

Will County Board Legislative Committee Meeting | May 5, 2026 Article SummaryState lobbyists from Mac Strategies briefed the Will County Board Legislative Committee on the final push of the spring...
Data center regs proposed as $20 billion, 795-acre Joliet project advances

Data center regs proposed as $20 billion, 795-acre Joliet project advances

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Opponents of a planned $20 billion data center project in Joliet say big tech money arrived before...
Labor stats offer mixed bag for Illinois

Labor stats offer mixed bag for Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Trump administration says the United States saw smashing job growth in April, but Illinois’ story is...
Lawsuit: IL state VRA unconstitutionally lets Dems divide voters by race

Lawsuit: IL state VRA unconstitutionally lets Dems divide voters by race

By Jonathan Bilyk | Legal NewslineThe Center Square Days after the U.S. Supreme Court declared states cannot use race to decide how to draw legislative districts, a new lawsuit is...
Illinois Quick Hits: State grants offered to tackle 'challenging' properties

Illinois Quick Hits: State grants offered to tackle ‘challenging’ properties

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Housing Development Authority is accepting grant funding applications from local governments to address abandoned and...
Officers mourn fallen Chicago cop as policy debate grows

Officers mourn fallen Chicago cop as policy debate grows

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Hundreds of law enforcement officers from across the country gathered in Chicago to honor a fallen...
Trump accuses Schumer of election 'interference' with New York task force

Trump accuses Schumer of election ‘interference’ with New York task force

By Chris WadeThe Center Square President Donald Trump is ripping Senate Minority Leader Chuck Schumer for hiring former Obama-era Attorney General Eric Holder to help oversee New York's congressional redistricting...
Poll site gun ban proposal draws pushback

Poll site gun ban proposal draws pushback

By Sean Reed | The Center SquareThe Center Square (The Center Square) – State lawmakers want to ban Illinoisans from carrying a gun while at the polls, citing a rise...
Trump confirms gas tax suspension push as prices hit $4.52

Trump confirms gas tax suspension push as prices hit $4.52

By Brett RowlandThe Center Square President Donald Trump confirmed Monday that he wants to temporarily suspend the 18.4-cent federal gas tax, with Republican lawmakers in both chambers announcing plans to...
Trump says Iranian ceasefire on 'life support'

Trump says Iranian ceasefire on ‘life support’

By Sarah Roderick-FitchThe Center Square The ceasefire with Iran is on “life support” and “very weak,” according to President Donald Trump. The president commented Monday during an event in the...
Will County Finance Logo

Meeting Summary and Briefs: Will County Board Finance Committee for May 5, 2026

Will County Board Finance Committee Meeting | May 5, 2026 The Will County Board Finance Committee dedicated nearly its entire May 5, 2026, meeting to a series of rapid-fire, preliminary...