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

Center for Community Progress

The disproportionate impact in Ohio paved the way for Ohio’s General Assembly to pass a comprehensive county land bank statute in 2009. 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.

2009 52
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Will the GSEs Repeat 2007 - 2009’s Large Losses?

The Stoop (NYU Furman Center)

12] This is not a level considered “adequately capitalized” by the regulators. Given very low unemployment and record high levels of homeowners’ equity, along with a shortage of housing units (versus the surplus when the mortgage bubble began to burst in 2007), this seems reasonable to me as an estimate.

2007 52