More than 15 million Americans live within half a block of a vacant or vandalized housing unit; that’s 1 in 22 people living near a nuisance property.
These properties exist in nearly every neighborhood across the country. Nuisance properties cause significant damage to their surrounding communities. Nearby homes and businesses lose value; public health can be compromised under serious nuisance conditions; crime and calls for law enforcement increase in the area around nuisance properties; and taxpayer money is lost responding to issues. Fortunately, nuisance abatement is possible through receivership.
What can receivership do for a nuisance property?
Bring it back to life!
Receivership can:
- Facilitate neighborhood stabilization and preservation of healthy housing.
- Improve community health
- Decrease crime
- Increase property values for the receivership property and for the surrounding community
The Vacant Property Receivership Consortium
The Vacant Property Receivership Consortium (VPRC) is a collection of organizations and individuals with extensive expertise in receivership properties. VPRC members include academics, former court officials, and representatives of nonprofit organizations, and local receivership groups. They have worked with receiverships in states and municipalities nationwide and witnessed firsthand the value of this remedy in their communities. They want to help other states and municipalities understand the power of this tool to fight vacant, nuisance, and blighted properties.
The VPRC’s goal is to advance the practice of receivership and necessary state and local policies to support effective, efficient, and equitable use of this legal remedy.
Answers to Frequently Asked Questions
Questions? Email us
Save the Date for the VPRC Roundtable! October 23-24, 2023
The VPRC will be holding a Roundtable convening in Memphis in October 2023.
Interested in participating? Send us an email
