Collins Law to Reduce Abandoned Properties and Improve Property Values

CHICAGO – To help local governments and property owners maintain abandoned properties, state Rep. Lakesia Collins, D-Chicago, sponsored legislation to make it easier for local governments to acquire the title to vacant properties before they become eyesores for communities.

“Under new law, more property owners will have the opportunity to stay in their own home, while keeping the conditions of the home safe and attractive for the community,” said Collins, “In order for neighborhoods and communities to thrive, it’s important to do everything we can to prevent homes from falling into disrepair and keep those living there safe.”

Senate Bill 1721 would eliminate some of the barriers for local governments to acquire the title to vacant properties. This new law will also allow governments to help maintain the property by mowing the grass and removing garbage around the buildings. It will also reduce the amount of abandoned buildings that become an eyesore for communities and drive down property values.

“We must help communities maintain and manage properties before they fall too deeply into disrepair,” Collins said. “Local governments and their residents will benefit by increasing the value of their neighborhoods and increasing local government revenue for the long term.”