NBC10 Boston - Boston Considers Forgiving Some Unpaid Property Taxes
Thursday, September 20, 2018
Millions in unpaid property taxes in the city of Boston has led to a proposal that city leaders hope helps them collect the money.
Councilor Lydia Edwards has been working to craft a proposal that would give residents and commercial businesses who have fallen behind on their taxes up to five years, depending on the situation, to repay the money. It would also forgive 50 percent of the interest accrued for residents who can demonstrate they have experienced hardship.
"Property taxes are still going up. If it's a tool in the toolbox to help people stay in their homes, and also helps to reduce their tax burden, why wouldn't we do that?" asked Edwards, who spent Thursday in a work session to discuss the plan.