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percent over the next three years by developing "a series of strategies to address the <br /> negative effects of abandoned properties [and] to set higher standards for the maintenance <br /> of vacant lots." <br /> In addition to identification and inspection of abandoned and vacant properties, Code <br /> Enforcement already works through both education and enforcement to ensure that <br /> properties are maintained for public safety. When necessary, property owners are cited or <br /> taken to court to comply with city codes. <br /> In March, the city won a major court ruling to give teeth to its efforts to require real- <br /> estate owners in bankruptcy proceedings to adequately maintain their properties. The <br /> U.S. Bankruptcy Court for the District of Northern Indiana determined that property <br /> owners cannot avoid the obligations of maintaining their properties while in chapter 7 <br /> bankruptcy proceedings. In addition, the owner continues to have the same property <br /> maintenance obligations, and cannot push those obligations onto a lender holding the <br /> mortgage lien, if the lender does not foreclose on the property. <br /> In addition, the vacant and abandoned housing strategy prohibits participation by any <br /> prospective buyers with existing properties with code violations. If any purchasers are <br /> later discovered to have existing violations, the sales are subject to forfeiture. <br /> National market studies indicate that there is a return of people moving into cities, <br /> including first-time homebuyers, single professionals, childless couples, empty nesters <br /> and immigrants. <br /> "City dwellers tend to value neighborhood vibrancy and diversity, the accessibility of <br /> restaurants and cultural attractions, and the ability to walk to work," Luecke said. "Cities <br /> need good housing to become the vibrant centers of cultural and social life that they are <br /> destined to be. Once people begin to see improvement on the street, you're going to <br /> continue to see aturnaround in other private investment in our neighborhoods." <br /> - 30 - <br /> 4 <br />