Under the new law, the five-year contract stays with the property even if it’s sold, but if an owner wants to get out of it they can pay back taxes and interest. San Francisco’s ordinance limits the tax savings of individual property owners to $25,000 per year; if the savings are higher, an official review is necessary. City officials in Sacramento, Fresno, San Jose and San Diego have expressed interest, but haven’t yet passed the necessary local legislation.
Los Angeles is close to doing that, and Clare Fox of the Los Angeles Food Policy Council estimates there are 8,600 parcels within Los Angeles city limits that qualify.
How nice to see so many benefits listed for growing food:
“It’s about food security and food access, but it’s also about transforming blighted vacant places that are prone to illegal dumping into community places,” she said.
“It’s a way to beautify the neighborhood and stabilize real estate values. Plus, there are the environmental benefits.”