CB-046-2026 would establish a specific real property tax rate for vacant houses and buildings or properties cited as vacant and unfit for habitation. The act also specifies how the additional tax proceeds will be used, linking revenue generation directly to addressing issues associated with vacant real properties. While the agenda does not provide the rate or revenue projections, such dedicated funding could underwrite future enforcement, remediation, demolition, or revitalization initiatives. Vendors in planning, housing and blight remediation, consulting, and capital project delivery should monitor this as a potential funding source for future contracts once allocations are defined. Early discussions can focus on how consistent revenue could support a multi-year program of inspections, stabilization, or redevelopment for problem properties.

Dedicated tax revenue could later be channeled to specific enforcement, abatement, or capital improv...