A city-funded program has eliminated about $230,000 in delinquent property taxes for about 60 Cincinnati households.
The city launched the relief program in August with $250,000, but it cost only about $70,000 to eliminate debt so far.
“We would sell the tax lien to the Hamilton County Land Bank for the discounted rate of 30 cents on the dollar,” said Hamilton County Treasurer Jill Schiller. “The land bank was contractually obligated to not sell or redeem that lien. It would just expire, and the remaining debt would be written off by my office.”…