Greater Ohio Policy Center applauds the Ohio General Assembly for passage of game-changing legislation that extends land banking authority to the remaining 44 Ohio counties that previously could not establish land banks! Five years ago, on July 7, 2010, Ohio’s 43 most populous counties received statutory authority to organize county land banks, with Cuyahoga leading the way the year before. Ohio enjoys one of the most effective and widely-used pieces of land bank legislation in the country. Happy anniversary to Ohio's county land banks!
In 2009, Cuyahoga County piloted the land bank structure and its success compelled legislators to extend land banking authority to counties with 60,000 or more residents in 2010. Now, five years later, the General Assembly has amended the original legislation to allow all counties to create land banks and Governor Kasich signed the changes into law on June 30, 2015. This amendment paves a path for more exurban and rural counties to access this tremendous tool for community and economic redevelopment.
Since 2010, Ohio’s county land banks have helped revitalize hundreds of buildings--including residential homes, skyscrapers, historic theaters, and vacant factories--and have demolished over 15,000 blighted structures throughout the state. While not a panacea, land banks have managed the redevelopment of hundreds of acres, guided critical community reinvestment, and fostered economic regrowth in some of Ohio’s most distressed areas. With this new legislation, existing and additional Ohio counties have the capacity to continue to accelerate community revitalization and statewide economic prosperity.
Greater Ohio Policy Center thanks state legislators for their leadership and commitment to helping Ohio’s communities manage abandoned and blighted properties, especially Rep. Scott Ryan (Newark), Rep. Ryan Smith (Bidwell) chair of the House Finance Committee, Sen. Tom Patton (Strongsville), and Sen. Dave Burke (Marysville) for their assistance.