Cook County Land Bank Authority: July 11, 2013 Data & Analytics Committee Meeting

1. Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

2. Public Data
Relevant data is currently spread across dozens of
websites requiring enormous amounts of research.
Real Estate Transactions
Foreclosure &
Vacancy Rates
Zoning Laws
Population
Density
Crime
Transportation
Environmental
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Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

3. 3
Public Data
Cook County
Regional Data
Collaborative
Through IHS
CCLBA
CENTRALIZED
DATABASE &
ANALYTICS
TOOL
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

4. *
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Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

5. *
IHS
API
CCLBA
* Make it accessible to organizations like the CCLBA with a well-defined interface (“API”)
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Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

6. 6
*
analyze properties, neighborhoods & communities for
strategic planning/purchases
create a real-time property management system
track intermediate uses until disposition
track properties after disposition
All data can be viewed at parcel level, with built in community context
that is searchable, filterable and sortable.
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

7. *
Create “destabilization indicator” to track/predict where
properties are in relation to the foreclosure process:
o Stable
• Will then be able to determine what stability looks like
o At-Risk
• Will be able to determine what “at-risk” looks like
o Pre-Foreclosure
o Active Foreclosure
o Closed Foreclosure
o In-REO Ownership
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Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

8. *
Centralized Database to track & organize acquired
property information that includes:
o Property Inspections
• Roofing, Plumbing, Electrical, HVAC
oProperty photographs
oBuilding/zoning permits
oTitle/Deed history
oCurrent/past liens
oElected Officials/others
oFunding sources
oSpec development
oCommunity plans 8
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

9. *
o Web-based tool
• Can be accessed on smartphones, tablets, laptops
o Email alerts on all properties
o Hourly, daily, monthly reporting
o Tied to Cook County Regional Data Collaborative
o Real-time property updates
• Neighborhood Evaluations/Maps
• Transportation Evaluations/Maps
• Crime Data
• School Data
• Environmental Indicators
• Community Planning
• Seasonal Changes
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Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

10. 10
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

11. 11
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

12. 12
 During the Fellowship (through August)
o Continue to work with DePaul on data aggregation.
o Provide basic mapping as board discusses land transaction
principals:
• Scavenger sale properties
• Known foreclosures/vacancies
• REO/HUD properties
 Help advise creation of Data & Analytics Advisory Board
 Begin to build CCLBA specific data tools
 Create foundation code for systematic decision-making.
 Assess & create analytical tool to measure success/failure.
 Work with advisory board to find leading trends in historical data
to help inform land bank strategy.
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Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013