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Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013
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
2
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013
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
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013
*
IHS
API
CCLBA
* Make it accessible to organizations like the CCLBA with a well-defined interface (“API”)
5
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013
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
*
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
7
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013
*
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
*
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
9
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013
10
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013
11
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013
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.
12
Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013

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CCLBA Data & analytics presentation july 11, 2013

  • 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 2 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. * 4 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”) 5 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 7 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 9 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. 12 Cook County Land Bank Authority Data & Analytics Committee July 11, 2013