3 ms·
I think it might even be easier - take the PTP program and relax a few constraints for eligibility (or at least link it to AMI) and you're done! The option to c
by Kalium 8y ago
I think it might even be easier - take the PTP program and relax a few constraints for eligibility (or at least link it to AMI) and you're done! The option to convert deferred taxes to liens is in there, and the interest rate is high enough to make people think twice about using this for financial engineering without being punitive.
At that point the state has the ability to get their money from any future sale without the extra complexity of having to own the property.