developmentHigh priorityopen

Disposition of foreclosed city-owned properties

Troy

Summary

Thirteen properties the city took through tax foreclosure would be sold to auction winners, returning them to private hands and the tax rolls. One goes to the Troy Community Land Bank.

At a glance

Total mentions: 1
Last 30 days: 1

Impact analysis

💰Financial impact

Roughly $760,000 in total bid proceeds returning to the city, plus properties going back on the tax rolls.

✅Who benefits

The winning bidders and neighborhoods where vacant foreclosed homes get new owners.

Mentions & discussions (1)

MeetingNov 5, 2026

City Council (Regular) - Nov 5, 2026

Thirteen properties the city took through tax foreclosure would be sold to auction winners, returning them to private hands and the tax rolls. One goes to the Troy Community Land Bank.

Related development

pending

Auction Sale of Thirteen City-Owned Surplus Parcels

Vacant and foreclosed properties would return to private ownership and the tax rolls, with buyers responsible for all closing costs and taking properties as-is.

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