Public Comments for: HB258 - Nonjudicial sale of tax delinquent real properties; unimproved properties w/in urban redevelopment.
Last Name: Bateman
Organization: Virginia First Cities Coalition
Locality: Richmond (City)
The Virginia First Cities Coalition (VFC) is supportive of HB 258. For the last 9 months, VFC has stood up a member-driven Housing Access Committee that has been looking for specific tools to assist our 17-member urban cities with affordable housing. HB 258, if passed, will be one such valued tool. In a good news, bad news story, the real estate sales market in many of our cities has significantly driven up the value of vacant lots. Raising the value threshold will support and facilitate the revitalization of our city's vacant and abandoned lots and will be an aid to the continued revitalization of our cities, as well as increase housing supply and access.
End of Comments
The City of Portsmouth supports this initiative.