RECENT COMMENTS
City’s move to offload tax delinquent houses good for business and neighborhoods
Carol Hazard at richmond.com uses the recent renovation at 2203 Q Street to dig deeper into the uptick in sales of tax delinquent property by the city:
Over the past five or six years, Augustine has bought about 10 houses and empty lots at auctions of city-foreclosed properties with at least two years of unpaid property taxes.
“I’m not rich, but I am making a living off it,” Augustine said.
He also is reducing the city’s long list of neglected properties, repurposing dilapidated houses — in some cases, building new — and putting them back on the tax rolls.
[…]
The catalyst for private investments sprung from nonprofits like the Better Housing Coalition, generally the first one into neglected areas in Church Hill and other neighborhoods — where it took on not one house at a time, but whole city blocks to develop quality, affordable housing.
Love this! Just wish there was more affordable housing…rentals….for large families with single earner income.
I have one they need to look at next door 🙂
There’s 3 on the south side of the 3100 block of E Broad that I wish would go tax delinquent.