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REMARKS
Reforms introduced by Local Law 82 of 2024
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49 sec
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.
Sandy Nurse
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At the June, the council passed local law 82 of 2024, which made extensive reforms and and improvements to the way the city enforces delinquent property taxes and water bills.
0:00:48
Many people in this room contributed to developing these much needed reforms, including multiple and overlapping paths to property owners and homeowners in particular to address their delinquency status within with the city.
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This includes payment plans, deferral programs, an easy exit process to allow homeowners more time to find a long term solution, and even preservation track where as a last resort, a struggling homeowner could resolve their debts, keeping their remaining equity and stay in their homes.
0:01:19
I wanna thank many of you who are here today who helped contribute to that legislation.