A History of Ohio Land Banking 2009–2021: From Legislation to Operation
Center for Community Progress
JUNE 6, 2022
The government land banks’ ability to transact these properties is more regulated and less flexible when it comes to property disposition compared to private-entity transactions. From 2000 to 2001, the number of mortgage foreclosures in Cuyahoga County went from 5,900 to almost 7,000. Everything seemed to work as planned—until 2008.
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