New York City's upcoming property lien sale raises concerns about its impact on low-income and non-white homeowners. Despite promises of reform, only one-third of nearly 30,000 delinquent properties have been removed from the sales list ahead of the May 20 sale. Nearly 70% of the outstanding liens are concentrated in predominantly non-white neighborhoods. The sale, which aims to recover tax arrears, pressures debtors through private collections and possible evictions. Advocates express that current efforts to address the issue remain inadequate, emphasizing the ongoing financial struggles faced by many residents.
In the days leading up to New York's lien sale, only about one-third of nearly 30,000 delinquent properties were removed from the list, signaling persistent struggles for homeowners.
Despite efforts to reform the lien sale process, homeowner advocacy groups argue that the measures in place remain insufficient, highlighting the ongoing financial difficulties many are facing.
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