Mayor Vincent Gray cancels tax lien sales of homes
WASHINGTON (AP) - Mayor Vincent Gray has ordered the cancellation of dozens of sales of homes for unpaid tax bills a week after a report detailed how some homeowners were losing properties over relatively small overdue bills.
Gray said Friday evening that has ordered the cancellation of the sales of about 142 owner-occupied properties from the July 2013 tax sale.
Gray says the district redeem will the properties from the tax-sale purchasers, saving them from the possibility of imminent foreclosure.
Homeowners will still be required to pay the taxes and interest owed on the property.
Gray's action comes after a Sept. 8 report in The Washington Post describing how liens sold at public auction to investors are often for original debts of less than $500.