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Vacant Property Working Group (VPWG)

Pittsburgh Community Reinvestment Group 1901Centre Avenue, Suite 200 Pittsburgh, PA 15219 (412) 391-6732. Vacant Property Working Group (VPWG). Property Acquisition and the City of Pittsburgh Land Reserve. Staff Contact: Bethany E. Davidson – 412.391.6732 x201 or bdavidson@pcrg.org.

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Vacant Property Working Group (VPWG)

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  1. Pittsburgh Community Reinvestment Group 1901Centre Avenue, Suite 200 Pittsburgh, PA 15219 (412) 391-6732 Vacant Property Working Group (VPWG) Property Acquisition and the City of Pittsburgh Land Reserve Staff Contact: Bethany E. Davidson – 412.391.6732 x201 or bdavidson@pcrg.org

  2. Overview • Who / What is VPWG? • Brief History of Land Recycling • State of Vacancy in Pittsburgh • Treasurer’s Sale and Land Reserve Overview • CDCs and Land Recycling • Question and Answer

  3. VPWG • What: Work on issues of blight and abandonment in the City of Pittsburgh • When: Formed in 1988 • Who: Open to any and all in the city • Made up of CDCs and CBOs, representatives of elected offices, government agencies • 2 Neighborhood Co-Chairs • How: Staffed for 12 years through CDBG, housed at PCRG (Pittsburgh Community Reinvestment Group) • Meet monthly as neutral cross-sector table to discuss policy, vet ideas, understand current property issues

  4. Issues • Scalable Land Recycling System • Land Acquisition Processes • Tax Collections • Code Enforcement • Policy [Local, State, Federal] • SideYard Sales/Garden Waiver Program • CARC and GLS Lien Portfolios • Disruptive Properties and Rental Permitting • Demolitions and Greening • Access to Data / Parcel Information

  5. Methods of Acquisition • City of Pittsburgh Sideyard Sales Program • Bank / Real Estate Owned (REO) properties • PCRG Partnerships with local & national lenders • Second Class City Treasurer’s Sale • Intent is tax collection, not foreclosure mechanism • City of Pittsburgh Property Reserve • Non-profit community development organizations • 300 property maximum (234 currently)

  6. Vacancy in the City of Pgh • 112,918 Total Residential Parcels in the City • 15,487 Vacant Residential Parcels in the City (13.7%) • 84,989 Single Family Homes in the City • 4,576 Single Family Homes in the City not receiving mail delivery due to vacancy (5.4%) • Vacant lots and properties are concentrated in several neighborhoods

  7. Provided by the Community Information System (CIS)

  8. Land Reserve History • Reserve established by Council Bill 402 of 1998 Enabled creation of a land reserve, process for lien buybacks, and provisions for future lien portfolio sales • City lien portfolio sold in 1996 to Capital Asset Research Corporation (CARC), bought back in 2007 • County Lien portfolio sold at same time – only partially bought back • 3TB – Three Taxing Bodies agreement

  9. Land Reserve Usage Provisions • CDC must: • Have a redevelopment plan in place, including proof of (current or future) ability to finance and complete project • Adhere to designated process and all timelines • Remove properties from reserve in designated time (2 or 5 years) • Formal Request for Time Extension (properties with clear title) • 30 day default notification from City • 1 year restriction on utilizing Reserve if in Default

  10. Eligible 1+ prior Years Tax Delinquent Vacant/Abandoned Ineligible Payment plan Sheriff’s Sale/Foreclosure Bankruptcy Paid in Full Already in Process Private Bidder Side Yard Sale Properties

  11. Other Acquisition Issues • Inclusion of City owned property • Three Taxing Body guidelines • Inclusion of occupied property • Relocation costs • VPWG policy agenda item • Property reserve and for-profit developers • CDC must split profits with City • ‘Flipping’ properties • Developer and financing commitments

  12. Land Reserve Usage Provisions • CDC must: • Have a redevelopment plan in place, including proof of (current or future) ability to finance and complete project • Adhere to designated process and all timelines • Remove properties from reserve in designated time (2 or 5 years) • Formal Request for Time Extension (properties with clear title) • 30 day default notification from City • 1 year restriction on utilizing Reserve if in Default

  13. Application and Selection • Project Feasibility Application • Strategic (not speculative) development plan • Development and financing plan • Due diligence • Community/political support • Partners • Urban Redevelopment Authority • City Finance, Real Estate Department • Pittsburgh Community Reinvestment Group • Allegheny County Dept. of Economic Development

  14. Treasurer’s Sale & Redemption Period • Properties identified for sale • URA approval • No redemption or payment plan • Treasurer’s Sale • Public bids (no clear title) • 90 day Redemption Period • Opportunity for CDC to request revenue properties

  15. Current System Issues • Quantity Limit • Capacity • Resources • Maintenance • Timeline • Complex

  16. Question / Answer Thank You

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