Discuss plan to prevent vacant properties from becoming loan collateral
In Plain English
Some Richmond properties sit vacant for years because owners use them as collateral for large loans, making the buildings economically useless. The city wants to develop a plan to stop this from happening to more properties. If approved, staff creates intervention strategies to keep buildings active and productive.
Auto-generated summary. Source: official agenda documents.
Votes
Forward this matter to staff for further research
Get a legal opinion from the city attorney to determine if it is possible for the City of Richmond to participate in developing a private equity real estate fund to look at high-risk properties in Richmond
Related Items
Add caste as protected category under city anti-discrimination law
Mar 24, 2026
Rename Cesar Chavez Day to United Farm Workers Day
Mar 24, 2026
Receive report on city's efforts to protect residents from federal immigration enforcement
Mar 24, 2026
Update city-wide rules for keeping and destroying old records
Mar 24, 2026
Review charter requirements for Richmond Fund for Children and Youth renewal
Mar 24, 2026
Pass formal statement opposing U.S. war on Iran and Israeli arms transfers
Mar 24, 2026
Update city fire safety laws to match new 2025 state standards
Mar 24, 2026
Receive report on city efforts to protect residents from federal immigration enforcement
Mar 17, 2026
Receive January financial reports and approve updated financial policies
Mar 17, 2026
Adopt new policy for handling unclaimed city checks and refunds
Mar 17, 2026