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Revenue Recovery For Governments
Tax Lien Servicing
Real Estate Sales
Purchase Tax Liens
Assign Delinquent Tax Liens For Cash |
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Governments
Danbury, CT
Several years ago the City of Danbury, CT wanted to construct a new sports arena to spark revitalization of their downtown area. To finance the project, Danbury sold a large bundle of unproductive delinquent tax liens to ATF’s predecessor. The funds were then bundled with various state and federal grants. The new facility was the beginning of a rebirth of the entire downtown area. Even though the initial need has long since been fully met, Danbury has continued it′s relationship with ATF. Here are some of the advantages in partnering with ATF using our comprehensive approach to funding and managing your real estate delinquencies:
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Enhanced overall collection rates for the City which improved the Municipality's bond rating typically resulting in lower interest expense for the City. |
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More predictable and stable revenue streams that simplifies the City’s annual budget process. |
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Both the economic and "political" cost of lien enforcement is transferred to ATF. |
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Allows municipal officials to focus their resources on current collections and enforcement of specific parcels identified by the city for redevelopment. |
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