WASHINGTON Reps. Steve LaTourette and Marcia Fudge of Ohio have introduced a bill that would provide $4 billion for states and land banks to issue newly-created 30-year tax credit demolition bonds to demolish vacant, foreclosed and abandoned homes across the country to prevent "a tsunami of blight."
Bill Would Provide $4B for Urban Demolition Bonds
MAR 20, 2012 7:34pm ET
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