Leaving the Speculators in the Rear-View Mirror: Preserving Housing with Municipal Arrears Through Off-Ramps from the Speculation Superhighway

A system to replace NYC’s tax lien sale should advance critical affordable housing and equitable development goals. This report from the Abolish the Tax Lien Coalition outlines a framework through which New York City can enforce the collection of property tax arrears and other debts, in ways that prevent the displacement of vulnerable homeowners, preserve affordable rental units, and expand the pipeline of properties for new development.

Read the report here.