Understanding Ohio's Land Bank Legislation

17 Pages Posted: 17 Dec 2008 Last revised: 13 Feb 2009

Date Written: January 30, 2009


The effects of sustained high rates of foreclosure on numerous areas of Cuyahoga County have thrust land banking to the forefront of recent public policy discussions in Ohio. This Policy Discussion Paper seeks to inform those discussions by explaining the state's traditional land banking system and illustrating how the new land banking system, spelled out in Senate Bill 353/House Bill 602 and signed into law January 2009, works.

Suggested Citation

Fitzpatrick, Thomas James, Understanding Ohio's Land Bank Legislation (January 30, 2009). FRB of Cleveland Policy Discussion Paper No. 25, Available at SSRN: https://ssrn.com/abstract=1316971 or http://dx.doi.org/10.2139/ssrn.1316971

Thomas James Fitzpatrick (Contact Author)

Federal Reserve Bank of Cleveland ( email )

PO Box 6387
Cleveland, OH 44101-1387
United States

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