The Washington D.C. Council recently passed legislation that will make it more expensive for owners to hold vacant or blighted property.
The Vacant Property Enforcement Act of 2016 reduces the maximum amount of time a vacant property can qualify for an exemption from higher vacancy tax rates. It also closes a loophole that allows continuous renewal of construction permits to qualify for tax exemptions, and require owners of vacant properties to prove they are no longer subject to the higher tax rates.
"The District has a substantial number of vacant properties, many of which are poorly maintained,” the bill report says. "Property owners may keep their properties vacant or fail to maintain them because they expect property values to rise over time. Poorly maintained and vacant properties can damage surrounding communities by being eyesores, by serving a venue for drug use and by providing a home for rodents or other animals. The net effect is to reduce the feeling of a cohesive community and depress surrounding property values."
The legislation reduces the time an owner can claim an exemption from higher taxes because of construction to one year for residential properties and to two years for commercial properties. Fines for failing to comply with city property regulations will rise from $1,000 to $5,000.
Related Stories
| Apr 26, 2012
Developers can use LEED wastewater credits to help gain approvals in environmentally sensitive locales
Those wanting to pursue development in heavily regulated and environmentally sensitive areas are benefiting by designing projects that qualify for LEED points, even if the project as a whole does not achieve certification.
| Apr 26, 2012
New York City Council moves to license elevator mechanics
New York’s City Council introduced a measure last week that would require the city’s 7,000 elevator mechanics to meet national standards and be licensed by the city.
| Apr 23, 2012
AAMA releases updated specification for anodized aluminum
AAMA 611-12 describes test procedures and requirements for high performance (Class I) and commercial (Class II) architectural quality aluminum oxide coatings applied to aluminum extrusions and panels for architectural products.
| Apr 19, 2012
Michigan legislature tackling controversial rules on electricians
A fight is brewing in the Michigan legislature over how many fully qualified electricians must be present during electrical work when apprentices also are on hand.
| Apr 19, 2012
Washington city may base building code on rising sea level due to global warming
Aberdeen may become the first city in Washington to base a building code on rising oceans and global warming.
| Apr 19, 2012
CSI webinar on energy codes and building envelopes
This seminar will review recent changes in energy codes, examples of building enclosure wall assemblies for code compliance, potential moisture management and durability challenges, and design tools to assess and minimize potential problems.
| Apr 19, 2012
Innovative plan for storm water in Philadelphia gets EPA’s OK
Philadelphia's $2 billion plan to manage its storm water with green methods including porous pavement, green roofs, and more trees, was officially approved last week by the U.S. Environmental Protection Agency.
| Apr 19, 2012
LEED 2012 to include new credit category for transit-oriented development
The updated LEED 2012 system will introduce a new credit category, “Location and Transportation,” to encourage development oriented around public transit and more walkable communities.
| Apr 17, 2012
FMI report examines federal construction trends
Given the rapid transformations occurring in the federal construction sector, FMI examines the key forces accelerating these changes, as well as their effect on the industry.