The Land Bank Revolution: How Ohio's Communities Fought Back Against the Foreclosure Crisis

September 15, 2020
Parafine Press 

by Jim Rokakis and Gus Frangos

The devastating impact that the foreclosure crisis had on America in the period between 2000-2010 resulted in what came to be known as the Great Recession. Communities in Ohio were especially hard hit. In Cuyahoga County, a group of dedicated public officials and community activists put together a powerful new tool called a county land bank. Over a period of ten years, this group of community leaders has raised hundreds of millions of dollars, demolished  tens of thousands of vacant and abandoned properties, and made life better for countless Ohioans. This is their story.

Praise for The Land Bank Revolution:

"This book is about more than just how a handful of creative thinkers organized to respond to the foreclosure crisis; it is a playbook on how activists and optimists can band together to find the consensus necessary to solve any problem, even during the uniquely divided times in which we live." -Wade Kapszukiewicz, mayor of Toledo 

"Anyone serious about trying to fight the scourge of abandoned properties and rebuild their communities should read this book, and see what determination and creativity can achieve." - Alan Mallach, author of "The Divided City:  Poverty and Prosperity in Urban America" 

"Rokakis and Frangos tell a compelling and ultimately successful story of the role land banks play in restoring our communities and providing places where people are excited to live." – Congressman Dan Kildee 

"The Land Bank Revolution is the story of a how a small dedicated group of individuals decided that the status quo was no longer acceptable, and through years of determination and creativity led to fundamental transformations in public policies around vacant and abandoned properties." – Frank Alexander, author of “Land Banks and Land Banking"

"The Land Bank Revolution is a significant contribution to urban public policy writing. It is part history, part organizing primer, and part horror story. It is also an extremely optimistic book. Jim Rokakis and Gus Frangos tell the tale of how a group of smart, well networked public officials invented public policies to help knit back together neighborhoods torn apart by home foreclosures, mortgage and securities fraud, and insufficient regulation. "–Ned Hill, Professor of Economic Development at OSU