The Virginia First Cities Coalition is very supportive of Del. Rasoul's HB 474. Brought at the request of VFC member, the CIty of Roanoke, most all of our members have issues with blight/derelict properties and are working diligently with land banks and other nonprofits to efficiently turn over dozens of these properties to private developers and get them back in to productive use --- creating new and rehabilitated homes and affordable housing. The raised $150,000 limit reflects the rise in property values that we've seen across our cities......even for blighted properties with derelict structures. We urge your support for the bill.

Virginia First Cities Coalition supports our member, the City of Roanoke, and thanks Del. Rasoul for bringing the legislation forward. This legislation is helpful to get properties back into productive, tax paying use and also to make way for housing ...... The raised $150,000 limit reflects the rise in property values, even for blighted properties with derelict structures.