Monthly Archives

April 2012

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L3Cs and Private Foundations
April 19, 2012

Private Foundations and L3Cs and Program Related Investments

See, especially, examples 11-19, below. DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 53 RIN 1545-BK76   Examples of Program-Related Investments AGENCY:  Internal Revenue Service (IRS), Treasury. ACTION:  Notice of proposed rulemaking. SUMMARY:  This document contains proposed regulations that provide guidance to private foundations on program-related investments.  These…
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Land Banks for Troubled Property
April 9, 2012

Cook County Land Bank

Please go to: http://www.cookcountylandbank.org/ Introduction to the Cook County Land Bank Authority Brian C. White, Executive Director Cook County Land Bank Authority And for an example, please see: http://www.cookcountylandbank.org/wp-content/uploads/2014/09/re-RFP-for-deconstruction.pdf CCLBA is… • A unit of county government established by enabling ordinance in January 2013. • Comprised of a 16-member Board…
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Land Banks for Troubled PropertyMunicipal BK
April 9, 2012

Land Banks generally

Land Banks in Illinois Frequently Asked Questions and Background Information   Where do vacant properties come from? Thousands of vacant properties, mostly in municipalities, have no market – no one wants them. Individuals walk away from them, companies will not develop them, and banks may or may not foreclose on…
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