Institutional Investors in Housing

A new report has been released by Nowak Metro Finance Lab in collaboration with Accelerator for America titled, “We Buy Houses”: You Lose Out. This study follow a September 2022 study titled, “Investor Home PurchasesREAD MORE

Nuisance Lien Recovery

Two recent developments in this arena from Georgia and Michigan. Georgia The LaGrange City Council is considering limiting the interest that accrues on liens placed on properties to pay for the demolition of unsafe houses.READ MORE

California Seeks to Boost Code Enforcement

Senate Bill 356 was introduced on February 8th, and was referred to the Housing Committee the following week. According to the Legislative Counsel’s Digest; The bill (titled “Housing: Code Enforcement Incentive Program: Community Code EnforcementREAD MORE

“Unprecedented Test Case” in Pittsburgh

In what the Pittsburgh Gazette is calling an “unprecedented effort”, “dramatic move” and a “test case”, community groups are pushing in Allegheny County Common Pleas Court to step in under the state’s Abandoned and Blighted Property ConservatorshipREAD MORE

“Padlock Laws” for Nuisance Properties

The New Orleans City Council voted to give the police chief authority to shut down nuisance businesses that could be contributing to the city’s crime crisis. The “padlock law provides for a business to beREAD MORE

Taking Tougher Stand on Fires at Abandoned Properties

Two recent articles discuss new strategies pertaining to fires, and the associated costs to local government, at vacant and abandoned properties. Winnipeg (Canada) Newly proposed legislation in Winnipeg (Canada) proposes that owners of vacant propertiesREAD MORE

Bank Versus Land Bank – Surplus Tax Sale Funds

Update: April 4th “Ohio Justices Toss US Bank ‘Takings’ Claims Against Counties” In a recent report from Court News Ohio: “A national bank seeking to avoid transfers of abandoned property to county land banks shouldREAD MORE

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