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Lafayette’s Bold Move on Abandoned Properties | Lafayette Louisiana News
Lafayette’s tackling its abandoned property crisis head-on, slashing red tape and introducing a new system with E & P Consulting to manage applications and costly notifications. With over a thousand neglected sites, the city’s charging $1,200 to apply—and $1,000 just to bid at public auctions—aimed at covering consulting fees and kickstarting sales. Properties go to auction at two-thirds of assessed value (or back taxes owed), while residents in certain zones get a bidding waiver but still pay the application fee. The city also plans to hand some properties to local governments and has the…
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