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The Sound of Ideas

The Land Bank Solution?

Posted Monday, November 24, 2008

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There are at least 20,000 vacant properties in Cuyahoga County. Vacant homes and buildings breed crime and chip away at the fiber of neighborhoods. Almost exactly a year ago, The Sound of Ideas asked: should there be a county-wide land bank? Cuyahoga County Treasurer Jim Rokakis said yes and he has made some important gains. Since then, State Senator Thomas Patton sponsored a bill which would lay the groundwork for county land banks throughout the state. Rokakis and Patton point to Genesee County Land Bank in Michigan which helped revitalize Flint. Ohio House and Senate Hearings on the creation of regional land banks will begin in early December. Supporters are optimistic Patton’s bill will pass. What would a land bank do for Northeast Ohio? Is it really a magic bullet? We’ll discuss county land banks Monday at 9am.

Photo Gallery

A foreclosed home in Slavic Village A foreclosed home in Slavic Village

Tags

Economy, Facing the Mortgage Crisis, Government/Politics

Guests

Dan Kildee, Treasurer, Genesee County, Michigan
Jim Rokakis, Treasurer, Cuyahoga County, Ohio
Sen. Thomas F. Patton (R-Strongsville)
Allan Mallach, Non Resident Senior Fellow with Brookings Institution
Chris Warren, Chief of Regional Development, City of Cleveland

Additional Information

The Case for a Land Bank, Sound of Ideas, Tuesday, November 13, 2007
Plain Dealer: A land bank is necessary for Cleveland's future
Economic Impacts of Residential Property Abandonment and the Genesee County Land Bank in Flint, Michigan

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Every weekday at 9:00 AM (EST), The Sound of Ideas reports the news, explains the news, and sometimes makes news. The Cleveland Press Club awarded it “Best Radio Show” in Ohio and thousands daily find it to be an indispensable source of information about what’s most important to Northeast Ohioans.

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