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

Celebrating 20 Years of Land Banks in Michigan

Center for Community Progress

One facet of the legislation stipulated that Michigan land banks must be created by intergovernmental collaboration between a county and the state land bank. In the 20 years since this legislation, Michigan has formed 48 county land banks, one city land bank (DLBA), and the state land bank, which serves the remaining 35 counties.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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 response to that growing criticism plus how much has changed in markets, legislation, and regulation during the 90-plus years of the FHLBanks’ existence, its regulator – the Federal Housing Finance Agency (FHFA) – announced in 2022 that it would undertake a review of the entire System. billion for fiscal 2024.

2008 59
article thumbnail

State of the Nation - a UK Perspective on Covid-19

Disaster Planning and Emergency Management

The scenario for this pandemic (excluding the recovery) was fully formulated over the period 2003-2009. Since 2008, pandemics have been top of the list of 96 threats and hazards in the UK National Risk Register of Civil Emergencies in all editions. Plans were made in the UK in 2006, 2008, 2011 and 2014.

2008 52
article thumbnail

21 August 2017 | Partisan Alignment and Delegation to the U.S. Bureaucracy, By Christine Palus & Susan Webb Yackee*

PMRA (Public Management Research Association)

As we all know, the legal authority of public bureaucrats to make decisions resides in the delegation of discretion from elected legislators and executives, such as the president or state governors, to administrative agents. He passed away in 2009; yet, his legacy in the field of Public Administration continues to live on.

2017 40
article thumbnail

Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

In the years immediately following conservatorship (which began in September 2008), the FHFA increasingly took over setting the average G-fee. Not surprisingly, the two companies highly prioritized protecting those subsidies, which meant maintaining political support in Congress to ensure no legislation was passed to take them away.

2008 52
article thumbnail

Policy Minute: Exclusionary Zoning

The Stoop (NYU Furman Center)

Long Island’s housing production fell by 58 percent from the 2001-2008 period to the 2009-2018 period and in the northern suburbs, production fell by 50 percent during the same period. The brief highlights the impact of New York’s restrictive zoning on housing supply and the risks of future legislative inaction.

Housing 52