One comment we at MuniReg frequently receive is “our community is too small for a VPRO”. Well one community in Nebraska (Population in 2019: 445) disagrees. For more information, please click here.
First Time Homebuyers, Local Investors or Hedge Funds
Affordable housing continues to be a focal point of local governments. Now this issue is being taken up in two state legislatures in new and unique approaches. In Rhode Island, local tax-sale investors have askedREAD MORE
“It’s a nightmare”
Nelson added. “… It’s a nightmare getting to who actually owns the home and who actually needs to be talked to.” This quote was taken from a recent article in Magnolia, Arkansas. This demonstrates, theREAD MORE
Municipalities and HOA’s vs Rental Property Investment Funds
“But no one has tried to buy and sell homes at the scale of Cincinnati, which is “a game-changer for the housing market,” reporter Konrad Putzier said on a recent Wall Street Journal podcast about the acquisition.READ MORE
“Heritage Value” Legislation in Missouri
Heritage value is additional worth added to the market price of a property when it’s been in the same family for more 50 years. It could add 50 percent of the market value to theREAD MORE
The Vacant Property Resource Hub
Monroe County (NY) has developed a comprehensive web resource titled “The Vacant Property Resource Hub” Following are the list of resources and information available. Help for Homeowners Homeownership Counseling Foreclosure Prevention Wills Estate Planning ForeclosureREAD MORE
New York State S5321 Increasing Civil Penalties
S5321 was recently passed in the New York State Senate and has moved to the Assembly. Two articles discuss the opposing perspectives being debated. Link to full article: Addabbo Touts Bill to Tackle Vacant DwellingsREAD MORE
Proactivity to Save Lives
St Louis has commenced utilizing firefighters to catalog and categorize vacant and abandoned properties. Fire crews will be asked to spend at least one hour a day surveying vacant buildings and putting them into threeREAD MORE
Let’s Pull Together Initiative
Let’s Pull Together works with local faith-based organizations and major employers’ volunteer groups to enlist their help with homeowners in need with minor code compliance issues. A similar program in Round Rock TX was theREAD MORE
Vacant Property Inspections – The Future?
One city in New York State has partnered with a drone company to conduct inspections of vacant properties. “This cutting edge technology and data collection will allow the city to have a more complete pictureREAD MORE
The Whole-Home Repairs Act
Update May 1, 2023 A recent hearing of the Committee on Banking, Housing, and Urban Affairs discussed the idea of Pennsylvania’s “Whole-Home Repair” program being utilized across the country. Testimony was provided by Lou Tisler,READ MORE
Holyoke Property Preservation Group First 5 year report
A recent Massachusetts Municipal Association report focused on Holyoke’s Property Preservation Group, a working group started in 2015 comprised of professional employees who work for the City who issued their initial report. “By putting awayREAD MORE