Posted inFeatured News Archive

City Foreclosed on Hundreds of Homes in Black, Hispanic Neighborhoods

At least 420 properties have been targeted for foreclosure under the controversial Third Party Transfer program, a policy that allows the city to seize buildings from tax-default homeowners, NY Daily News reports.  Initiated in the 1990s, the TPT program allows the city to foreclose on properties whose owners owed taxes, water and sewer bills, as well […]