For Cities & Partners
Vacancy becomes a growing tax base.
For a city, a vacant parcel is a standing liability — untaxed, blighted, dragging down everything around it. Heirloom turns those parcels into tax-paying homes without asking the city for a dollar of debt or an ounce of risk. You bring inventory and partnership; we carry the capital.
The City Case
Idle liabilities, made productive.
Every vacant lot is a cost — lost tax revenue, depressed neighboring values, and the slow drag of blight. Heirloom turns that liability into a permanent home on a permanent foundation: real property that pays taxes, lifts surrounding values, and anchors a neighborhood's recovery.
The city's role is simple. It contributes inventory and partnership. It does not take on debt, provide a guarantee, or expose taxpayers to project risk.
What a City Gets
- Vacant, blighted, and tax-delinquent parcels converted to tax-paying homes
- Zero city cost and zero city financial risk
- A restored and growing local tax base
- Local jobs through prioritized subcontractors and apprenticeships
- Anti-displacement protections written into the deed
- Documented, reportable outcomes for every project
City Inquiry