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Resource ID: #26251
Subject: Taxes
Source: The Washington Post
Affiliation: 
Date: September - December 2013

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Description

In the nation's capital, predatory investors took hundreds of homes from the elderly and poor over tax debts as small as $44 in a devastating series of foreclosures unchecked by city leaders. In 2013, The Washington Post launched an unprecedented investigation of the District of Columbia's century-old tax-lien program, finding investors who routinely tacked on thousands in fees to tax bills, turning $500 delinquencies into $5,000 debts and making it impossible for families to save their homes. A 95-year-old church choir leader lost her house while she was in a nursing home with Alzheimer's. So did a flower shop owner in a coma. “Homes for the Taking” outraged the District like few other scandals in years, with city leaders immediately approving reforms to protect the city's most vulnerable homeowners.

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