By: Alyssa Wilson Black residents in New York City are fighting the city's controversial Third Party Transfer program, which allows private property to be seized because of unpaid bills or conditions. According to the New York City Department of Finance, 'The Third Party Transfer Program is a public-private partnership created by New York City local law to rehabilitate buildings with significant delinquent municipal charges and poor housing conditions, and to ensure that residents remain in place with affordability and rent stabilization protections.' Under the policy, a person's home can be subject to foreclosure if a person's property taxes or other property-related charges […]
The post NYC Residents File Lawsuit Against City for Program Seizing Private Property appeared first on BNC.