STATEHOUSE (March 20, 2017) — The House of Representatives voted in support of a bill sponsored by State Rep. Denny Zent (R-Angola) that would give cities and towns additional tools to help clean up their communities.
Zent said redevelopment commissions promote economic development projects and act as a catalyst to address blighted properties within communities. They focus on real estate acquisition, site preparation and infrastructure development.
“Currently, there is a lengthy process for redevelopment commissions to purchase blighted, unsafe, abandoned, foreclosed and structurally damaged properties,” Zent said. “Not only do these properties lower surrounding home values, but they can lead to crime and illegal activities. By streamlining the process for these commissions to acquire these properties, we can help our communities curb blight while expanding their tax base.”
Zent said redevelopment commissions are essentially locked out of the auction process because of the current policy requiring two independent appraisals before purchasing properties. Under Zent’s proposal, this requirement would be removed, allowing the commission to buy property that is for sale at an auction.
State Rep. Denny Zent (R-Angola) represents House District 51, which
includes most of LaGrange and Steuben counties.
A high-resolution photo of Zent can be downloaded by clicking here.