Seattle Mayor to Sign Legislation to Expedite Demolition of Dangerous Vacant Buildings

One Community Update
June 6, 2024

Source: www.komonews.com

Seattle Mayor Bruce Harrell is set to sign anticipated legislation Thursday to expedite the demolition of dangerous and vacant buildings.

The dangers of those building fires were seen earlier this week when one person died and three others were hurt in north Seattle in one of two fires in vacant buildings in the same day.

The Seattle Fire Department said there have been 34 fires related to vacant buildings so far this year, not including the aforementioned blaze on Tuesday.

The Seattle City Council unanimously approved emergency legislation Tuesday to allow Seattle fire to order problematic and vacant buildings that pose public safety risks to be torn down.

The legislation, sponsored by councilmembers Bob Kettle and Tammy Morales, requires property owners to pay for the demolition of the buildings and necessary work to make the sites safe. The bill will take effect immediately after it is signed by Harrell.

According to the Seattle City Council, the legislation allows the city to address vacant and dangerous building several ways:

  • Amends the Seattle fire code to allow the SFD to order remediation or complete demolition of derelict buildings
  • Requires property owners to pay for necessary work to make dangerous buildings or sites safe
  • In extreme cases, authorizes the city to conduct needed abatement work to improve the safety of a site and place liens on properties to recover costs

 

For full report, please click the source link above.

Brainerd to Combat Vacant Buildings

One Community Update
June 6, 2024

Source: Brainerd Dispatch

Vacant, unmaintained buildings in Brainerd could soon cost the owners big money.

City Council members are considering a vacant building registry, which would require owners of vacant buildings, as defined in a new ordinance, to register them with the city for a fee of $7,000. That fee could be waived or suspended, however, if the property owner works with city staff to restore the building.

Community Development Director James Kramvik brought the issue to the council last month, asking if the council wanted to pursue it. Council members reviewed a proposed ordinance laying on the guidelines Monday, June 3.

Kramvik told the council residents have consistently expressed that clean, well-maintained neighborhoods and business are a high priority, and the past few years have seen an increase in the number of abandoned dwellings and neglected properties due to maintenance issues or fire damage. Right now, the city relies on complaints from residents to address code violations on vacant properties. Many of the buildings do not meet the standards of condemnation and removal, as the problems are repairable.

A solution could be a vacant building registry. The proposed guidelines Kramvik presented to the council Monday are modeled after Minneapolis’ vacant building registry, which he said seems to be successful.

The proposed ordinance defines a vacant building as one that is:

  • Condemned.
  • Unoccupied and unsecured for five days or more. Many times unsecured buildings happen after events like fires, when there might be broken windows or doors that are broken and left open.
  • Unoccupied and secured by means other than those normally used in the design of the building for 30 days or more. These buildings are typically those that might be missing windows or doors and have plywood over the openings. If an owner is in contact with a city about the work, though, the building may not go on the registry.
  • Unoccupied and has multiple housing maintenance, fire or building code violations existing for 30 days or more.
  • Unoccupied for more than a year with an order to correct a nuisance.
  • A vacant building that is unable to receive a certificate of occupancy due to expired permits or demonstrated work stoppage of 180 days or more as determined by a building official. These cases happen when construction might have started on a building and then stopped for a period of time. Neighbors might complain about debris all over the property.

A building owner would be able to appeal a designation.

If a building is placed on the registry, the owner would have to include details on the expected time it is to remain vacant and a plan for either returning the building to occupancy standards or demolishing it.

The $7,000 annual registry fee could be waived or suspended if the building owner has a written restoration plan with the city and is working to restore the building.

The goal, Kramvik said, is not to stick people with a $7,000 fine but to incentivize property owners to either fix up their buildings or sell them. It’s an ordinance he said many people in the city have expressed interest in.

Mayor Dave Badeaux said he was in favor of the regulations, noting he’s had a few discussions lately with residents about problem properties.

“It seems like we’re getting one or two of them a year,” Badeaux said. “And it’s just an interesting dilemma that has popped up in the last couple of years, and getting ahead of it is good.”

With council members in favor of the proposed ordinance, Kramvik will bring it back to the council at its next meeting for a first official reading.

 

For full report, please click the source link above.

Mahoning County Land Bank Gets $2.4 Million in State Funding to Boost Home Ownership

One Community Update
June 2, 2024

Source: Mahoning Matters

A grant of $2.4 million under the Ohio Department of Development’s new Welcome Home Ohio program will bring home ownership to 12 Mahoning County buyers who likely otherwise could not afford it, officials said. The funds will enable the grantee, the Mahoning County Land Bank, in collaboration with the Youngstown Neighborhood Development Corp., to build six single-family homes, renovate six others and sell them all to qualifying buyers (those with incomes of 80 percent of the area’s median income or less).

“The need for safe and affordable housing is a national challenge that requires proactive solutions, meaningful investments, and strong collaboration across all levels of government,” Ohio Governor Mike DeWine said in a formal announcement. “This program represents an innovative and forward-thinking approach that addresses the barriers many Ohioans face when trying to buy a home.”

HOW MUCH FUNDING IS BEING AWARDED STATEWIDE?

The local grant is among $29.4 million awarded statewide to organizations in 17 Ohio counties.

Plans call for six new homes to be built on Mineral Springs Avenue, which runs west off Glenwood Avenue on the eastern edge of Mill Creek Park in Youngstown. The addresses of the lots are 725, 737, 753, 730, 732 and 738 Mineral Springs and are owned by YNDC, which has built two homes on the street. Several older homes have been demolished in recent years.

With the addition of six new homes there, that’s going to feel like a completely new street,” said Debora Flora, executive director of the Land Bank.

 

 

For full report, please click the source link above.

Mayor Parker Wants to Reform Dysfunctional Philadelphia Land Bank

One Community Update
June 11, 2024

Source: The Real Deal

The Philadelphia Land Bank, the agency which reactivates vacant land, is crucial to the city administration’s housing goals, an adviser to Philadelphia Mayor Cherelle Parker said.

But the beleaguered nonprofit is sorely in need of reform, the Philadelphia Inquirer reported, and proposed changes could make it a vital pipeline for housing in the city.

“Mayor Parker has laid out a bold vision of 30,000 units of housing, and the only way that works is if we have a functioning and fast moving Land Bank,” said Aren Platt, a top adviser to Parker. Platt said “real reform” was coming, but didn’t elaborate further.

When it was created in 2013, the Land Bank was meant to acquire abandoned private land and get vacant parcels into use. All of the city’s publicly held land would be under one umbrella and the municipal government would have priority in acquiring tax delinquent properties in sheriff sales (another problematic area for the city).

But in its first decade, the Land Bank sold a mere 892 lots and resulted in the creation of 992 homes. Nearly 7,700 properties are under municipal ownership but haven’t moved through the process, which alone could account for a third of the mayor’s goal of 30,000 new or repaired homes in four years.

The Philadelphia Land Bank, the agency which reactivates vacant land, is crucial to the city administration’s housing goals, an adviser to Philadelphia Mayor Cherelle Parker said.

But the beleaguered nonprofit is sorely in need of reform, the Philadelphia Inquirer reported, and proposed changes could make it a vital pipeline for housing in the city.

“Mayor Parker has laid out a bold vision of 30,000 units of housing, and the only way that works is if we have a functioning and fast moving Land Bank,” said Aren Platt, a top adviser to Parker. Platt said “real reform” was coming, but didn’t elaborate further.

When it was created in 2013, the Land Bank was meant to acquire abandoned private land and get vacant parcels into use. All of the city’s publicly held land would be under one umbrella and the municipal government would have priority in acquiring tax delinquent properties in sheriff sales (another problematic area for the city).

But in its first decade, the Land Bank sold a mere 892 lots and resulted in the creation of 992 homes. Nearly 7,700 properties are under municipal ownership but haven’t moved through the process, which alone could account for a third of the mayor’s goal of 30,000 new or repaired homes in four years.

Issues at the Land Bank include understaffing, a lack of transparency and the ability of City Council members to dictate the disposition of the land in each of their own districts. An online map doesn’t shed much light on land availability, and regular progress reports and strategic plans haven’t been updated in years.

Reforms not on the table include ousting Angel Rodriguez, the executive director who has led the Land Bank for seven years. Parker did appoint a new slate of board members, though. Additional funding for the program was not requested in the most recent city budget.

This fiscal year, 253 lots have moved through the land disposition process, a promising sign for the city as Parker tries to get the Land Bank and City Council on the same page.

 

 

For full report, please click the source link above.

Cuyahoga Land Bank Leads $122 Million Redevelopment Plan

One Community Update
June 5, 2024

Source: Cleveland Magazine

In an area including Cleveland’s eastern gateway to University Circle and East Cleveland, the Cuyahoga Land Bank is leading a $122 million redevelopment plan that will consist of more than 200 homes to jumpstart transformational development with an estimated economic impact of $60 million in new property value — and aside from additional income and tax benefits, an expected 610 construction jobs will be created.

A commercial building will anchor the district, and Circle East includes a “heavy emphasis on sustainability,” Dennis Roberts, director of real estate development at Cuyahoga Land Bank, says, pointing to rooftop solar power to reduce energy bills, greenspaces and EV chargers.

Roberts says Circle East will become “an entirely new neighborhood” within a 30-acre footprint including 18 parcels on Euclid Avenue. “We think that is ideal for commercial redevelopment, retail and amenities,” he says, adding the five-year plan comes after two studies conducted in 2015 by Case Western Reserve University and in 2020 by Cleveland State University. “This is an ideal place to strategically develop to spur further investment.”

Circle North, an area just north of Circle East District, is another location where the Land Bank is heavily engaged in development. Some Land Bank initiatives include building new homes — completed residences on East 116th Street and Ashbury Road, and three in-progress on Beulah Avenue. “Our strategy at the Land Bank is to find neighborhoods that need government intervention, and we believe with the investment of our time, talent and treasure we can tip that community and get it into a good place to create a market,” Roberts says.

 

 

For full report, please click the source link above.

FEMA Fire Management Assistance Declaration – Arizona Rose Fire

FEMA Alert
June 12, 2024  

FEMA has issued a Fire Management Assistance Declaration for the state of Arizona to supplement state, tribal and local recovery efforts in areas affected by the Rose Fire on June 12, 2024.  The following counties have been approved for assistance:

Public Assistance:

  • Maricopa

 

Arizona Rose Fire (FM-5496-AZ)

List of Affected Zip Codes

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

FEMA Fire Management Assistance Declaration – Nevada Trail Fire

FEMA Alert
June 11, 2024  

FEMA has issued a Fire Management Assistance Declaration for the state of Nevada to supplement state, tribal and local recovery efforts in areas affected by the Trail Fire on June 11, 2024.  The following counties have been approved for assistance:

Public Assistance:

  • Washoe

 

Nevada Trail Fire (FM-5494-NV)

List of Affected Zip Codes

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

FEMA Major Disaster Declaration – Oklahoma Severe Storms, Straight-line Winds, Tornadoes, and Flooding

FEMA Alert
June 14, 2024  

***LAST UPDATED: 7/31/24***

FEMA has issued a Major Disaster Declaration for the state of Oklahoma to supplement state, tribal, and local recovery efforts in areas affected by severe storms, straight-line winds, tornadoes and flooding from May 19-28, 2024.  The following counties have been approved for assistance:

Individual Assistance:

  • Blaine
  • Caddo
  • Custer
  • Delaware
  • Jackson
  • Mayes
  • Muskogee
  • Rogers

Public Assistance:

  • Blaine
  • Caddo
  • Custer
  • Delaware
  • Jackson
  • Mayes
  • Roger Mills
  • Rogers
  • Woods

 

Oklahoma Severe Storms, Straight-line Winds, Tornadoes and Flooding (DR-4791-OK)

President Joseph R. Biden, Jr. Approves Major Disaster Declaration for Oklahoma

Map of Affected Areas

List of Affected Zip Codes

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

FHFA Seeks Public Input on the GSE’s Proposed Duty to Serve Plans for 2025-2027

Industry Update
June 11, 2024

Source: Federal Housing Finance Agency

The Federal Housing Finance Agency (FHFA) has issued a request for input (RFI) on the proposed 2025-2027 Underserved Markets Plans (Plans) submitted by Fannie Mae and Freddie Mac (the Enterprises) under the Duty to Serve (DTS) program. The proposed Plans cover the period from January 1, 2025, to December 31, 2027.

“Providing sustainable liquidity for affordable housing preservation, rural housing, and manufactured housing in a safe and sound manner is a key component of the Enterprises’ statutory responsibility to serve underserved markets,” said Director Sandra L. Thompson. “I look forward to hearing the public’s input and feedback on the plans the Enterprises have proposed.”

FHFA issued a final rule in 2016 that implemented the DTS provisions of the Housing and Economic Recovery Act of 2008. The statute requires the Enterprises to serve three specified underserved markets — manufactured housing, affordable housing preservation, and rural housing — by increasing the liquidity of mortgage financing for very low-, low-, and moderate-income families in those markets.

FHFA invites interested parties to provide written input, feedback, and information on all aspects of the proposed Plans by August 12, 2024. The public can review the RFI and submit responses through the DTS page on FHFA’s website. FHFA also will hold three listening sessions to review the proposed Plans on July 15, 16, and 17.

The objectives outlined by the Enterprises to achieve proposed Plan activities will remain subject to FHFA review and approval to ensure compliance with the Enterprises’ Charter Acts, safety and soundness measures, and other conservatorship and regulatory requirements.

FHFA published the proposed Plans on its dedicated webpage, https://www.fhfa.gov/duty-serve-program.

 

For full report, please click the source link above.

 

U.S. Foreclosure Activity Sees a Monthly Increase in May 2024

Industry Update
June 11, 2024

Source: ATTOM

ATTOM, a leading curator of land, property, and real estate data, today released its May 2024 U.S. Foreclosure Market Report, which shows there were a total of 32,621 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 3 percent from a month ago but down 7 percent from a year ago.

“May’s foreclosure activity highlights nuanced shifts in the housing market,” said Rob Barber, CEO at ATTOM. “While we observed a slight increase in foreclosure starts, the decline in completed foreclosures indicates resilience in certain areas. Monitoring these evolving patterns remains crucial to understanding the full impact on the real estate sector.”

New Jersey, Illinois and Delaware post highest foreclosure rates

Nationwide one in every 4,320 housing units had a foreclosure filing in May 2024. States with the highest foreclosure rates were New Jersey (one in every 1,939 housing units with a foreclosure filing); Illinois (one in every 2,362 housing units); Delaware (one in every 2,595 housing units); Connecticut (one in every 2,600 housing units); and Florida (one in every 2,638 housing units).

Among the 224 metropolitan statistical areas with a population of at least 200,000, those with the highest foreclosure rates in May 2024 were Longview, TX (one in every 1,162 housing units with a foreclosure filing); Trenton, NJ (one in every 1,471 housing units); Atlantic City, NJ (one in every 1,569 housing units); Lakeland, FL (one in every 1,584 housing units); and Bakersfield, CA (one in every 1,685 housing units).

Those metropolitan areas with a population greater than 1 million with the worst foreclosure rates in May 20244 were: Chicago, IL (one in every 2,015 housing units); Philadelphia, PA (one in every 2,143 housing units); Riverside, CA (one in every 2,216 housing units); Jacksonville, FL (one in every 2,267 housing units); and Las Vegas, NV (one in every 2,361 housing units).

Greatest numbers of foreclosure starts in Florida, Texas and California

Lenders started the foreclosure process on 22,385 U.S. properties in May 2024, up 3 percent from last month but down 4 percent from a year ago.

States that had the greatest number of foreclosure starts in May 2024 included: Florida (2,750 foreclosure starts); Texas (2,560 foreclosure starts); California (2,370 foreclosure starts); Illinois (1,427 foreclosure starts); and New Jersey (1,219 foreclosure starts).

Those major metropolitan areas with a population greater than 1 million that had the greatest number of foreclosure starts in May 2024 included: New York, NY (1,447 foreclosure starts); Chicago, IL (1,272 foreclosure starts); Houston, TX (915 foreclosure starts); Miami, FL (750 foreclosure starts); and Philadelphia, PA (713 foreclosure starts).

Foreclosure completion numbers decrease slightly from last month

Lenders repossessed 2,879 U.S. properties through completed foreclosures (REOs) in May 2024, down 1 percent from last month and down 28 percent from last year.

States that had the greatest number of REOs in May 2024, included: California (254 REOs); Illinois (254 REOs); Pennsylvania (238 REOs); Ohio (177 REOs); and Texas (167 REOs).

Those major metropolitan statistical areas (MSAs) with a population greater than 1 million that saw the greatest number of REOs in May 2024 included: Chicago, IL (179 REOs); New York, NY (124 REOs); Baltimore, MD (84 REOs); Pittsburgh, PA (80 REOs); and Washington, DC (69 REOs).

 

For full report, please click the source link above.