abandoned homes

Abandoned, derelict and long forgotten-lots across the state are in the sights of proposed legislation offering major tax breaks for redeveloping the eyesores.The bill would let developers tap $4 million in tax incentives for up to 40% of the property’s value if they can prove it’s been abandoned for five years.

Having a lot of abandoned or foreclosed homes in your community can hurt morale and drag down property values. A group of neighborhood associations in…