Land Banks and Conservatorship: Connecticut’s New Tools to Stabilize Neighborhoods October 30, 2019 Laura Settlemyer Director of Blight & Housing Code Enforcement City of Hartford (860) 757-9072
[email protected] 213 Lawrence Street • Bank foreclosure • Bank sold to out-of-town “investor” • Taxes owed to the City ($20,000) • Numerous police calls • Clean up by City DPW ($850) • Board up by City BRT ($3,500) • Fence by City BRT (costs accruing) • Code enforcement secured $79,200 lien against the property • No response from owner CT Public Act 19-175 (HB7277) An Act Concerning the Creation of Land Bank Authorities ➢ Similar to legislation in New York ➢ NOT mandatory ➢ Requires local ordinance ➢ Public, non-profit entity ➢ Can acquire, hold, and transfer property ➢ Holds property tax-exempt ➢ Funding mechanism: 5/50 tax recapture ➢ Does not have power of eminent domain CT Public Act 19-175 (HB7277) Land Banks and… ➢ NRZs (Neighborhood Revitalization Zones) ➢ Community Land Trusts ➢ Redevelopment Authorities Notice of Inspection Violation & Order to Correct Citation Inspection (Fines) Abatement Hearing Inspection Officer Hartford Code Enforcement Lien Process (Adopted March 2017) The Hartford Land Bank Board of A tool for local government and the Directors community to convert vacant, abandoned, ✓ Melvyn Colon, Southside Institutions and foreclosed Neighborhood Alliance properties into ✓ Laura Settlemyer, City productive use. of Hartford (Blight Remediation) ✓ Karraine Moody, Hartford Habitat for Humanity ✓ Rex Fowler, Hartford Community Loan Fund ✓ Aimee Chambers, City $5 Million of Hartford (Planning) ✓ Jim Horan, Local Grant Initiatives Support Corporation Property Conditions Survey Property Conditions Survey Thank You! Rep. Matthew Ritter Rep. Cristin McCarthy Vahey*± Sen.