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Land Bank History
Land Bank History

County land banks in Ohio are a relatively recent idea. A form of land banking has existed in municipal government for quite some time, but in a relatively limited form.

In 2008, responding to the foreclosure crisis of the late 2000s and thanks largely to the efforts of former Cuyahoga County Treasurer, Jim Rokakis, the Ohio General Assembly passed legislation creating the Ohio land bank as we know it. This legislation, based on the Genesee County, Michigan model, allows certain counties to create a non-profit land bank tasked with the acquisition of blighted, foreclosed, vacant, and other non-performing property in order to clear titles and find strategic reuses of the property.

The Clark County Land Reutilization Corporation (Land Bank) was incorporated in May of 2014. The Board contracted with the Clark County Community Development Department to act as the administrative agency for the Land Bank. Shortly thereafter, it acquired the Neighborhood Initiative Program (NIP) grant from the Ohio Housing Finance Agency (OHFA) to acquire property, demolish the single-family, residential structure, and then "green" the lot.