A new Atlanta law is intended to crack down on absentee landlords including commercial property owners and clean up neglected properties.
The “Blight Tax” allows city officials to put levies on blighted property owners up to 25 times higher than current millage rates. The city wants to incentivize owners to revitalize or sell their properties.
The program will not apply to any occupied property to avoid displacing residents. Blighted properties subjected to higher taxes that are remediated and returned to productive use can be eligible for a discounted tax rate after the work is finished.
Large-scale properties such as former industrial sites that significantly impact neighborhoods would be singled out. Before redevelopment, those property owners would first have to agree to a development plan that addresses neighborhood objectives such as connectivity, transportation, and public amenities.
Related Stories
| Aug 2, 2012
NIBS council recommends private and public measures to improve building sustainability
A new report by the National Institute of Building Sciences Consultative Council highlights four several areas that need focus to improve sustainability in buildings and infrastructure.
| Aug 2, 2012
Greenbuild summit will focus on greening affordable housing
A two-day summit focused on green building in the affordable housing market will be held Nov. 13 - 14, 2012 in San Francisco, Calif. at the Greenbuild International Conference & Expo.
| Aug 2, 2012
More than 250 downtown El Paso, Texas buildings don’t meet safety codes, says city’s fire department
A total of 726 buildings were inspected for unsafe conditions, and 266 did not meet safety codes, while 112 buildings were found to be vacant and needed further inspection.
| Jul 26, 2012
Wisconsin may establish stormwater storage requirement for green roofs
Green roofs and other green infrastructure would be required to capture stormwater under a draft state wastewater discharge permit from the Milwaukee Metropolitan Sewerage District.
| Jul 26, 2012
SouthPark Mall in Charlotte reopens after heavy rains collapse part of its roof
Code enforcement officials in Charlotte, NC gave the okay for the SouthPark Mall to reopen after two parts of its roof collapsed following heavy rains last week.
| Jul 26, 2012
New NRCA photovoltaic roof systems guidelines released
The National Roofing Contractors Association’s update of its Guidelines for Roof Systems With Rooftop Photovoltaic Components is now available.
| Jul 26, 2012
DOE/ASHRAE design guide aims to cut energy use at hospitals, schools, retail stores
The Advanced Energy Design Guidelines from the Department of Energy and the American Society of Heating, Refrigerating and Air Conditioning Engineers aims to provide ways for hospitals, schools, and large retail buildings to trim their energy consumption by 50%.
| Jul 19, 2012
Bayview Property Managers agrees to record $800,000 building code fine
A San Francisco property-management company has agreed to pay a record $800,000 civil fine for hundreds of building code violations at rental properties.
| Jul 19, 2012
Glass ‘biodome’ helps Parkview Green FangCaoDi project in Beijing achieve LEED Platinum
A glass envelope acting as a kind of biodome encapsulates four mixed-use towers at Parkview Green FangCaoDi, an 800,000 sf mixed-use development in Beijing. The glass structure helped the development to achieve LEED Platinum certification.
| Jul 19, 2012
UMass-Boston's Bevington: 'Financing alternatives crucial to energy-efficiency upgrades'
It’s conceivable that innovation in project finance can do for building efficiency in the coming century what 30-year mortgages did for home ownership in the last, this article asserts.
