Vacant Public Property Administration Placing underutilized property back

Vacant & Public Property Administration: Placing underutilized property back into productive use is our highest priority. DEPARTMENT OF DEVELOP LOUISVILLE FORWARD

The Vacant and Abandoned Property (VAP) Response Team Provides a wide variety of services including: • • Demolitions Foreclosures Donations Sale of Property for: -Louisville Metro Government -Landbank Authority -Urban Renewal Commission DEPARTMENT OF DEVELOP LOUISVILLE FORWARD

The Vacant and Abandoned Property (VAP) Response Team The division acquires properties through: • Bankruptcy Liquidation • Voluntary donations from residents & financial institutions • VAP Foreclosure action initiated by Louisville Metro DEPARTMENT OF DEVELOP LOUISVILLE FORWARD

Current VAP Inventory Statistics: • Vacant Lots = 433 • Buildings/Homes = 44 • Active Foreclosures = 297 • Active Demolitions = 122 • Donation Requests Pending = 47 DEPARTMENT OF DEVELOP LOUISVILLE FORWARD

Demolition Prioritization • Recommendation from RKG’s Vacant & Abandoned Property Neighborhood Revitalization Study – 2013 • Strategic use of limited resources o Fiscal Year 2015 demolitions: 108 o Current approved demolition cases: 131 o Average demolition referrals per month: 27 o Estimated approved demolition cases FY 2016: 220+ DEPARTMENT OF DEVELOP LOUISVILLE FORWARD

Priority Score Breakdown Target Area; 7% Owner Status; 6% 106 Review; 6% Structure Condition; 21% Public Safety; 7% Market Condition; 14% • 12 Criteria • 140 Possible Points • Higher Score = Higher Priority Nuisance Level; 39% DEPARTMENT OF DEVELOP LOUISVILLE FORWARD

Request For Proposals (RFP) Document: How to purchase a building § Proposal Guidelines & Requirements § Evaluation Criteria & Process § General Conditions, Terms and Limitations § Exhibits and Information RFP Link DEPARTMENT OF DEVELOP LOUISVILLE FORWARD

DEPARTMENT OF DEVELOP LOUISVILLE FORWARD

To view available properties: www. louisvilleky. gov Opportunityspace. org DEPARTMENT OF DEVELOP LOUISVILLE FORWARD

DEPARTMENT OF DEVELOP LOUISVILLE FORWARD

Q&A Questions & Answers Session DEPARTMENT OF DEVELOP LOUISVILLE FORWARD