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Treasurer asks board to add three Cedar Rapids tax‑sale transfers to consent for nonprofit rehab
Summary
County treasurer presented three tax‑sale certificate assignment agreements for Cedar Rapids properties to be transferred to nonprofit housing developers (CHDOs) for rehabilitation; supervisors agreed to place all three items on the Wednesday consent agenda.
Brent Olson, Linn County treasurer, told the board the three tax‑sale certificate assignment agreements relate to Cedar Rapids’ effort to rehabilitate tax‑delinquent properties under a partner program. Treasurer Olson said the three items are the same in policy but cover different parcels: 1021 10th Street SE, 1434 Beaver Avenue SE and 1628 C Ave NE in Cedar Rapids.
Treasurer’s office staff explained the program transfers tax‑encumbered parcels at no cost to established nonprofit housing developers (including CHDOs such as HOPE CDA, Habitat for Humanity and HACAP) so they can rehabilitate or build housing. One of the parcels, 1434 Beaver, contains a structure; the other two are vacant lots. Supervisors said they appreciated the treasurer’s office outreach and agreed to add all three assignments to the Wednesday consent agenda.
Board members also noted the city of Cedar Rapids does not receive financial compensation from the investors in the program; the parcels transfer to nonprofits to move properties back into productive use.
Next steps: items will be placed on the Wednesday consent agenda for formal action.
