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Cook County Land Bank Authority
Data & Analytics Committee
July 11, 2013
*The Cook County Land Bank Authority
Data & Analytical Tools
DePaul Institute for Housing Studies & the University of Chicago Data Science for the Social Good.
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 Cook County Land Bank Authority
Data & Analytics CommitteeJuly 11, 2013
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Our Goal is to Turn
Big Data into Smart Data
Public Data
Cook County Regional Data Collaborative Through IHS
CCLBA CENTRALIZ
ED DATABASE
& ANALYTICS
TOOL
Cook County Land Bank AuthorityData & Analytics Committee
July 11, 2013
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*Step 1: Partner with The Institute for Housing Studies
(IHS)
Cook County Land Bank AuthorityData & Analytics Committee
July 11, 2013
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* Step 2: Define a way to exchange information between the Cook County Land Bank and the
Data Collaborative.
IHS
API
CCLBA
* Make it accessible to organizations like the CCLBA with a well-defined interface (“API”)
Cook County Land Bank AuthorityData & Analytics Committee
July 11, 2013
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*Step 3: Build CCLBA Specific Data Tools that can:
analyze properties, neighborhoods & communities for strategic planning/purchases
create a real-time property management system
track intermediate uses until dispositiontrack 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 AuthorityData & Analytics Committee
July 11, 2013
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*Analyzing Properties
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
Cook County Land Bank AuthorityData & Analytics Committee
July 11, 2013
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*Managing Properties
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 Cook County Land Bank AuthorityData & Analytics Committee
July 11, 2013
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*Tracking Intermediate Uses
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
Cook County Land Bank AuthorityData & Analytics Committee
July 11, 2013
10Cook County Land Bank Authority
Data & Analytics CommitteeJuly 11, 2013
11Cook County Land Bank Authority
Data & Analytics CommitteeJuly 11, 2013
12
Goals/Timeline 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 AuthorityData & Analytics Committee
July 11, 2013
