City of Sacramento considering tax to spur development of empty parcels

Name: City of Sacramento considering tax to spur development of empty parcels
Uploaded: 2023-12-04T23:00:00-0800
Duration: 2 min 5 s
Description: The city of Sacramento is considering adding a new tax to spark development on its empty parcels sitting dormant. There are a lot of them in Sacramento. The tax would punish land owners who have undeveloped land with no construction or building permit applications in process.

The city of Sacramento is considering adding a new tax to spark development on its empty parcels sitting dormant. There are a lot of them in Sacramento. The tax would punish land owners who have undeveloped land with no construction or building permit applications in process.