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.

Today Jun 13
Showers And Thunderstorms then Mostly Cloudy
71° 51°

Showers And Thunderstorms then Mostly Cloudy

💨 10 to 20 mph 💧 80%

Leave a Comment





Latest News Stories

Will County Board Land Use Committee Graphic.2

Committee Rejects Rezoning for Fencing Company in Joliet Township

Will County Land Use & Development Committee Meeting | November 6, 2025 Article Summary: Citing incompatibility with the surrounding residential neighborhood, the Will County Land Use and Development Committee unanimously denied...
Screenshot 2025-11-05 at 4.02.49 PM

County Sales Tax Revenues Strong, Cannabis Funds Dispersed to Community Programs

Will County Finance Committee Meeting | November 2025 Article Summary: Will County's key sales tax revenues are on track to meet or exceed budget projections for fiscal year 2025, though...
Meeting Briefs

Meeting Summary and Briefs: New Lenox Village Board for November 10, 2025

New Lenox Village Board Meeting | November 10, 2025 The New Lenox Village Board on Monday, November 10, 2025, approved final plans for The Patio restaurant at U.S. Route 30...
Illinois sports wagers decline after implementation of new tax

Illinois sports wagers decline after implementation of new tax

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Gaming Board has reported a 15% drop in September sports betting, after the state imposed...
Competing crypto plans create 'narrow path' for adoption

Competing crypto plans create ‘narrow path’ for adoption

By Brett RowlandThe Center Square Two competing plans seeking to define market structure for digital assets in the U.S. have left a "narrow path" to pass regulations for cryptocurrency. The...
Congress used government funding bill to 'erase' $3.4 trillion in deficits

Congress used government funding bill to ‘erase’ $3.4 trillion in deficits

By Thérèse BoudreauxThe Center Square Quietly tucked inside Republicans’ funding deal to end the government shutdown is a provision wiping the congressional Pay-As-You-Go (PAYGO) scorecard, effectively forgiving nearly $3.4 trillion...
Illinois patient relies on ACA tax credits, experts warn they drive higher premiums

Illinois patient relies on ACA tax credits, experts warn they drive higher premiums

By Catrina BarkerThe Center Square President Donald Trump signed a House-passed short-term spending bill late Wednesday, ending the shutdown and keeping the government open through January, notably without the Affordable...
Will County Board Land Use Committee Graphic.4

Will County Committee Grants Extensions for Crete, Washington Township Solar Projects

Will County Land Use & Development Committee Meeting | November 6, 2025 Article Summary: The Will County Land Use and Development Committee granted 180-day extensions for two commercial solar energy projects...
Trump rolls back tariffs on over 200 foods in sharp reversal

Trump rolls back tariffs on over 200 foods in sharp reversal

By Brett RowlandThe Center Square Responding to Americans' frustrations over high grocery prices, President Donald Trump issued an executive order Friday exempting more than 200 food products from tariffs. "Certain...
Crossroads Sports Complex

Crossroads Sports Complex Prepares for Restaurant Expansion, Hotel Development

New Lenox Village Board Meeting | November 10, 2025 Article Summary: The New Lenox Village Board approved several measures related to the Crossroads Sports Complex, including kitchen upgrades for its...
Trump says $2,000 tariff rebate checks won't come before Christmas

Trump says $2,000 tariff rebate checks won’t come before Christmas

By Brett RowlandThe Center Square Americans won't get a $2,000 rebate check from the federal government before Christmas. President Donald Trump said Friday that the proposed checks will not be...
Chicago mayor threatens layoffs, property tax hikes if council rejects head tax

Chicago mayor threatens layoffs, property tax hikes if council rejects head tax

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson is threatening service cuts, layoffs and property tax hikes if aldermen reject his...
Goldwater Institute sues Arizona attorney general for records

Goldwater Institute sues Arizona attorney general for records

By Chris WoodwardThe Center Square A lawsuit has been filed against Arizona Attorney General Kris Mayes. Phoenix-based Goldwater Institute brought the lawsuit. Attorneys want Mayes to release alleged price-fixing complaint...
Illinois quick hits: Four officers injured during ICE protest

Illinois quick hits: Four officers injured during ICE protest

By Jim Talamonti | The Center SquareThe Center Square Four officers injured during ICE protest Four state and local law enforcement officers were injured and 21 people were arrested Friday...
California asks court to end federalization of National Guard

California asks court to end federalization of National Guard

By Dave MasonThe Center Square California officials Friday renewed their motion for a judge to end the federalized deployment of National Guard troops in Los Angeles. Attorney General Rob Bonta...