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A History of Ohio Land Banking 2009–2021: From Legislation to Operation

Center for Community Progress

At the height of the foreclosure crisis post-2008, a group of elected officials, community development practitioners, and lawyers came together to craft a strategy to respond to the hemorrhaging real estate market in Ohio. In 2006, the Ohio General Assembly passed this legislation. Ohio’s Traditional Land Bank Law.

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What’s the deal with rural land banks? A Q&A with West Virginia Land Stewardship Corporation Executive Director Taylor Bennett

Center for Community Progress

Across the country, small and rural communities grapple with economic challenges and an aging housing stock that leads to similar outcomes: a flood of VAD properties that threaten the health, safety, and resilience of these residents. To account for these limitations, we’re seeing land banks step in as the property developer.

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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)

The Stoop (NYU Furman Center)

2 The report came about at a time when the FHLBs have been increasingly criticized for neglecting their housing and community development mission and instead using their subsidies and privileges to benefit their financial institution owners and executives. the legislation establishing them). mortgage originations.

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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

In recent years, the System has been subject to growing criticism that it has been inadequately supporting the housing and community development mission given to it by Congress. Today, agency MBS outstanding is about $9 trillion, two-thirds of all first-lien mortgage dollars, while bank-held mortgage loans only account for $2.6

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Faced with Housing Shortages, Policymakers Test New Reforms To Increase Production

The Stoop (NYU Furman Center)

While restrictive zoning is not the only reason housing costs are high in the United States, it does play a major role in limiting housing development, especially in parts of the country with high paying jobs in fast-growing industries. They found that areas with high concentrations of homeowners associations were less likely to approve ADUs.

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Emergency Home Repair Loans: Local Government as Financial Bridge

Community and Economic Development Program of UNC

Accordingly, local government programs should account for federal rules prohibiting “duplication of benefits” (or DOB) from other sources. In federal housing and community development programs, including CDBG-DR, moderate income is defined as households earning no more than 80% of the area median income (AMI). [3] 157-3(15b).