Our Important Mission
The mission of COCIC is to acquire properties in order to improve the quality of neighborhoods, increase property values and return unproductive properties to contributing, tax-paying status, and create diverse housing and business opportunities by leveraging resources to promote and facilitate the reclamation, rehabilitation and reutilization of vacant, abandoned, tax-foreclosed, or other real property in the County.
$180 Million and Growing: The Beneficial Impacts of the Land Banks of COCIC and the City of Columbus
A new study by the Greater Ohio Policy Center revealed that COCIC and the City of Columbus land banks generated $180 million in economic impact across Franklin County over the past five years. The study points to preservation of property values, land sales, and activity in disinvested neighborhoods as key land bank functions positively impacting the economy.
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The COCIC Franklin County Land Bank is a public authority dedicated to returning Franklin County’s vacant, abandoned and foreclosed properties to productive use. COCIC is committed to the elimination and prevention of hopelessly blighted, economically-stranded properties.