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Metropolitan Institute

"60 Million and Counting: The Cost of Vacant and Abandoned Properties to 8 Ohio Cities"... - 0 views

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    Cleveland Community Research Partners and ReBuild Ohio. (2008). "$60 Million and Counting: The Cost of Vacant and Abandoned Properties to Eight Ohio Cities." Executive Summary: "This research documents the magnitude and cost of the vacant and abandoned properties problem in eight Ohio cities Cleveland, Columbus, Dayton, Ironton, Lima, Springfield, Toledo, Zanesville. The research found: * 25,000 vacant and abandoned properties * Widespread vacancies in both large and small cities * $15 million in annual city service costs * $49 million in cumulative lost property tax revenues to local governments and school districts * Weakened neighborhood housing markets with evidence of property flipping * Limited capacity of cities, on their own, to track and address vacant and abandoned properties
Metropolitan Institute

"Seizing City Assets: Ten Steps to Urban Land Reform"_Brophy & Vey [online report] - 1 views

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    Brophy, Paul and Vey, Jennifer, 2002. "Seizing City Assets: Ten Steps to Urban Land Reform," The Brookings Institution, October 2002. http://www.brookings.edu/~/media/Files/rc/reports/2002/10metropolitanpolicy_brophy/brophyveyvacantsteps.pdf Introduction: "One of a city's greatest assets is its available land for development. Unfortunately, many cities have land and properties that are vacant, abandoned, or under-used, with few policies and regulations in place to convert these assets into valuable, revenue-generating sites. This brief outlines ten action steps that state and local governments can follow to facilitate the development of urban land and buildings. Compiling an inventory of vacant parcels, planning for the assembly and reuse of land, and working to eliminate the many legal and administrative barriers to acquisition and development are just some of the actions the authors recommend for creating a more transparent, efficient, and effective system for private-market land development. The brief will discuss these and other proposed steps, and will highlight examples of successful practices implemented in states and localities throughout the U.S."
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