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REMARKS
Reforms introduced by Local Law 82 of 2024
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49 sec
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Council Member Nurse outlines the extensive reforms made through Local Law 82 of 2024, which improved the city's approach to enforcing delinquent property taxes and water bills. These reforms were developed with input from many stakeholders present at the hearing.
- The law introduced multiple paths for property owners to address delinquency status.
- New programs include payment plans, deferral programs, and an 'easy exit' process.
- A preservation track was created as a last resort for struggling homeowners to resolve debts while retaining equity and staying in their homes.