With defaulting and foreclosed homes on the rise, Chula Vista, CA, passed the Abandoned
Residential Property program in 2007 to mitigate the effects of rising numbers of vacant properties. Two years later, 2,200 vacant properties were registered, nearly $112,000 was collected in registration fees and $1.4 million was issued in code violations.
The award-winning program successfully involves lenders in the management and basic upkeep of defaulted properties and sets minimum maintenance standards to fight neighborhood blight. More than 350 cities have contacted Chula Vista for help in designing similar legislation.
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