Center for Community Progress

AUGUST 17, 2023

In 2023, Michigan land banks mark two important milestones: 20 years since the passage of Michigan’s Land Bank Fast Track Act and incorporation of the 50th land bank in the state. Between 2009-18, the Calhoun and Kalamazoo County land banks created at least 286 full time jobs in construction, lawn care, and property maintenance.

Legislation 98

Legislation 2002 2003 2009 98

The Stoop (NYU Furman Center)

MARCH 11, 2024

It describes how the GSE design defect had very publicly manifested itself in these institutions prior to their being taken over by the government via conservatorship in 2008. Like F&F prior to 2008, the FHLBanks hold themselves out as competitive commercial enterprises, but the truth is that they also are not.

2008 59

2008 Regulations Housing Legislation 59

The Stoop (NYU Furman Center)

MARCH 10, 2023

percent) in 2014, after having been purposefully increased by the FHFA and the two GSEs in prior years. percent range since 2014, rather than being materially lower or higher, does not seem to be well understood in the industry or among policy specialists. percent to 0.49 percent to 0.49

2008 52

2008 2014 2019 Press Release 52