New York City's low-income homeowners are facing a multitude of crises, including rising energy and water bills, predatory scams, and extreme weather-related maintenance costs. The impending tax lien sale on May 20 poses a further threat, as it disproportionately affects single-family homeowners in Black and brown communities, leading to potential foreclosures and displacement. Even those who resolve their liens remain vulnerable to scams, particularly targeting marginalized groups. If not addressed, these challenges could uproot long-standing residents and alter the fabric of affected neighborhoods.
New York City's low- and moderate-income homeowners are facing many challenges, which are threatening to push out community members who have lived in their neighborhoods for generations.
The tax lien sale has disproportionately impacted single family homeowners struggling with affordability, especially in Black and brown neighborhoods, uprooting long-standing community members.
Scammers prey on vulnerable residents like seniors, immigrants, people of color and low income families - the same folks who tend to be on the tax liens sale.
Even homeowners who ultimately resolve their lien have a target put on their back for future scams.
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