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The disproportionate impact in Ohio paved the way for Ohio’s General Assembly to pass a comprehensive county land bank statute in 2009. However, to fully understand how this legislation came to pass, and why it is helpful contextually to review the history of land banking and tax foreclosure in Ohio. Ohio’s Traditional Land Bank Law.
First, the implementation timeline is rather long, as key recommendations are significantly dependent upon Congress passing legislation – and it must be assumed that such passage will require, at a minimum, at least several years. I find these recommendations lacking for four main reasons. 2 See [link].
One facet of the legislation stipulated that Michigan land banks must be created by intergovernmental collaboration between a county and the state land bank. In the 20 years since this legislation, Michigan has formed 48 county land banks, one city land bank (DLBA), and the state land bank, which serves the remaining 35 counties.
Beginning with the founding of the Cuyahoga Land Bank in 2009 , his approach to land banking set a new standard for what these institutions could achieve. I still remember clearly our first work together in Cleveland brainstorming the possibility of legislation dealing with this strange thing called land banks.”
Passed in 1977, the Community Reinvestment Act (“CRA”) is one of the most important pieces of legislation working to bring financial resources into historically underserved neighborhoods nationwide. You can read our comment here.
As we all know, the legal authority of public bureaucrats to make decisions resides in the delegation of discretion from elected legislators and executives, such as the president or state governors, to administrative agents. He passed away in 2009; yet, his legacy in the field of Public Administration continues to live on.
The scenario for this pandemic (excluding the recovery) was fully formulated over the period 2003-2009. Its replacement with a long and rambling piece of ad hoc legislation that veers from the draconian to the incomprehensible and back again is more reminiscent of North Korea or Belarus than it is of a western democracy.
In response to that growing criticism plus how much has changed in markets, legislation, and regulation during the 90-plus years of the FHLBanks’ existence, its regulator – the Federal Housing Finance Agency (FHFA) – announced in 2022 that it would undertake a review of the entire System.
Long Island’s housing production fell by 58 percent from the 2001-2008 period to the 2009-2018 period and in the northern suburbs, production fell by 50 percent during the same period. The brief highlights the impact of New York’s restrictive zoning on housing supply and the risks of future legislative inaction.
Not surprisingly, the two companies highly prioritized protecting those subsidies, which meant maintaining political support in Congress to ensure no legislation was passed to take them away. 5] This was the policy of the FHFA when it was under the control of Acting Director Edward Demarco (2009 to very early 2014).
Bush in 2003, and then serving as acting chairman of the EEOC under President Obama from 2009 to 2010, Ishimaru is credited with rebuilding the agency , which had become underfunded and understaffed. Ma, a former senior advisor to Ishimaru, now serves as the EEOC’s director of the Office of Communications and Legislative Affairs.
Counter the so-called “deep state” by eliminating GSE programs which were approved by government officials without clear authorization from congressional legislation. 11] While one can see a lot of support for this pricing policy in the industry and among working families, this was done without any specific legislative authority.
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