article thumbnail

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. Everything seemed to work as planned—until 2008.

2009 52
article thumbnail

Updating the best practice elements of revitalization to include elements 7 and 8 | Transformational Projects Action Planning at a large scale

Rebuilding Place in Urban Space

Around 2006 it "repaired" Thomas Circle, which decades before had been cut through with more road travel lanes. I will say that adaptive management is a lot like my old "Action Planning" approach, which uses the design method, and dates back to 2008 and observation of best practice then. Transformational Projects Action Planning.

article thumbnail

Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)

The Stoop (NYU Furman Center)

Of note, during the height of the bubble (2005 and 2006), the average downpayment by an FTHB actually decreased to just two percent. Post-2008, with all the reforms enacted via the Dodd-Frank Act (e.g., Property & Casualty and Title Insurance Industries – 2021 Full Year Results,” Page 15. 10] See [link]. [11]

Housing 59