Summary
Killeen is exploring ways to clean up tax-delinquent vacant properties by adopting an in-house "parcels and trust" program. Instead of letting properties sit vacant or linger in back taxes, the city wants to foreclose on eligible parcels and package them for affordable housing development.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
- Importance
- 1
Declining — being discussed less frequently. 0 mentions in the last 30 days.
Impact analysis
Implementing the program requires hiring at least one new full-time staff member and partnering with tax foreclosure legal counsel.
Neighborhoods plagued by blight will see abandoned lots converted into productive housing, boosting local property values.
Mentions & discussions (1)
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