Fun With Pie Charts: Vacant Property Edition - Housing Complex - Washington City Paper

Fun With Pie Charts: Vacant Property Edition - Housing Complex - Washington City Paper: "Under the vacant property taxation changes made for the 2011 budget cycle, owners of unused properties will have to pay $250 to register them, and then pay $5 per $100 of assessed value in yearly property taxes, unless they qualify for one of a host of exemptions. The intention is to make it more expensive for delinquent landowners to keep their properties empty. That could mean that the lowest-income wards with the most vacant properties could benefit most from the legislation–even if organizations and individuals without the money to develop their properties wind up having to sell to avoid the tax."