Model Practices in Tax Foreclosure and Property Disposition: Indianapolis Case Study
Date Published: 01/13/2003
Author: Keri Blackwell, LISC
Publisher: LISC
This case study about Indianapolis is the first in a series describing effective local efforts to return tax delinquent or vacant/abandoned properties to productive use. The City of Indianapolis and Marion County seek to return unproductive land to revenue-generating status and to advance the redevelopment efforts of community development organizations through a property disposition model built upon enabling legislation and a cooperative relationship between government entities. The expedited tax-sale (assemblage and transfer of property to community development corporations [CDCs] with specific redevelopment plans) and a state statute authorizing the transfer of property from the City to CDCs for redevelopment purposes promote this agenda.
Topics: Economic Development & Safety, --Vacant Properties, Land Use & Planning, --Vacant Properties
Type: Case study / model practice