South Suburban Land Bank
What We Offer
Strategically Redeveloping Vacant and Abandoned Properties
Transforming Distressed Properties
The South Suburban Land Bank and Development Authority (SSLBDA) is dedicated to breathing new life into vacant and abandoned properties across the Chicago Southland. We strategically redevelop these properties, turning them into vibrant spaces that benefit the entire community. Our comprehensive services ensure that each property is positioned for success from acquisition to market return.
Our 3-Step Process of Property Identification & Acquisition
The South Suburban Land Bank specializes in a simple 3-step method of: Acquiring, Absolving, then Activating right back into these communities we serve.
Step 1: Acquire
Acquire title to problem or distressed properties
Step 2: Absolve
Eliminate back taxes, liabilities, claims, liens and board up, secure, and maintain the property
Step 3: Activate
Develop, sell, or demolish to support local priorities and economic potential
Partnering with Local Rehabbers & Real Estate Professionals
The South Suburban Land Bank actively collaborates with local rehabbers and real estate professionals to drive redevelopment. By supporting communities of the Southland, we not only transform properties but also contribute to the growth of the local economy.
Activating the Community
Why It Matters
Our redevelopment initiatives transcend mere physical transformation; they are catalysts for enduring community impact, driven by our commitment to revitalizing the Chicago Southland
Affordable Housing: We are steadfast in our mission to enhance homeownership accessibility, ensuring that every resident in the Chicago Southland can envision a brighter future in a place they call home.
Economic Growth: Our projects are designed to stimulate sustainable investment in our communities, fostering a thriving economy that benefits all residents.
South Suburban Neighborhood Pride: We strive to cultivate neighborhoods that are vibrant and inclusive, where connection, and a shared sense of pride unite residents in calling the Southland their forever home.