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Council advances tax-lien reforms and municipal land bank proposals
Summary
Council members advanced a package of tax-lien reforms and a proposed municipal land bank intended to prioritize community ownership and avoid displacement, including reporting requirements and restrictions on purchasers of tax liens.
Council members described a multi-bill package intended to reform tax-lien sales and establish a municipal land bank to prioritize community reuse over sales to private trusts.
Sponsor Council Member Gail Brewer said the land bank would acquire vacant, abandoned, tax-delinquent, and foreclosed properties to promote homeownership preservation and prevent displacement; she said the proposal would not sacrifice timely tax collection. The package includes reporting requirements and protections for primary resident homeowners.
The package was included in the coupled general orders and was adopted as announced in the clerk’s roll-call results; implementation will require coordination with the Department of Finance and additional rulemaking and program design.
