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Is affordable housing in trouble?

By
Real Estate Agent with Real Estate Masters

In St. Paul there is a proposal before the City Council that could restrict the sale of affordable housing.  The proposal would require that any Registered Vacant Property be brought fully code compliant before it can be sold.

Currently, Registered Vacant Property can be sold and the owner has a specified amount of time to bring the property code compliant.

No one can argue that vacant housing can be a blight on neighborhoods increasing crime and decreasing property values.  But at the same time safety should be first and center for all citizens.  I will continue to follow this issue and report on the findings.