130115_landbank_testimony_0.pdf

Testimony of Dory Rand before the Finance Committee of the Cook County Board of Commissioners in support of the Cook County Land Bank Authority. Woodstock Institute research shows that distressed, vacant properties are significantly more likely to be concentrated in communities of color and low-wealth communities. A land bank is necessary for stabilizing vacant homes and recovering from the foreclosure crisis, particularly communities hit hardest by the foreclosure crisis.