CDN Releases Vacant, Blighted, Abandoned Properties Study
January 18, 2017
CDN, in cooperation with the Maryland Municipal League and the Maryland Association of Counties, conducted a survey of counties and municipalities to try to get a handle on Maryland’s challenges with vacant, abandoned and blighted properties.
The results of the study were released January 17, 2017 during a briefing before the House Environment and Transportation Committee.
See the report here: CDN_policy_vacant property survey results_final_designed_Jan2017
As a result of the survey, and conversations in working groups over the summer, CDN is proposing four pieces of legislation to address vacant, blighted and abandoned properties:
Land Bank Reform: This legislation makes changes to the current Land Bank law enabling counties to create Land Banks for blight elimination purposes. The legislation includes enabling counties to release liens and for the Land Bank to self-fund.
Foreclosed Property Registry changes: This legislation adds a requirement that banks must file with the Department of Labor, Licensing and Regulation notice of foreclose at the Order to Docket stage of the foreclosure, rather than at the end of the foreclosure process.
Definition of vacant and abandoned property: Legislation that defines “vacant and abandoned” property and provides for a certification of a vacant property.
Tax Sale Reform: This enabling legislation reforms the tax sale system to eliminate the certificate process to reduce the number of families who become victims of tax sale and help ensure properties are returned to productive use (this may become a summer study).
To see CDN’s full policy agenda, click here. CDN_Policy Agenda_proposed January 2017