HINDS COUNTY, MS (WLOX) - On Thursday, Mississippi officials announced that Hinds County recently saw a record-breaking response to a tax-forfeited auction.
According to a release sent to WLOX News, the City of Jackson partnered with the Secretary of State's office to auction 360 parcels. The properties are estimated to be valued at $14.6 million.
"Any funds received from these properties is a major win for the City of Jackson," says Secretary of State Delbert Hosemann. "Selling these properties puts these parcels back on the tax rolls which generates revenue for schools, education and infrastructure."
While many properties remain in the application process, 187 eligible parcels have been approved; totaling $793,000.
"Partnering with local communities spotlights what is a growing problem in Mississippi and helps alleviate the tax-forfeited epidemic plaguing our State," added Secretary Hosemann. "Properties sold in the auction will now be held in private ownership, which means someone will be responsible for these properties."
More than 1,666 bids were received for the auction. To view available properties, click here to visit the Secretary of State's website.