City council to vote on Richmond eminent domain proposal

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Richmond’s City Council voted 4-3 early Wednesday morning to continue exploring the use of eminent domain for underwater mortgages, after a lengthy and contentious meeting packed with residents.

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Richmond, CA is first municipality to use eminent domain on underwater mortgages. richmond, California’s leaders approved a controversial plan earlier this month to become the first municipality in the nation to use eminent domain to rid itself of underwater mortgages.The plan was approved by the Richmond city council 4-3 following a long and contentious public meeting that began on a.

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The North Las Vegas City Council has rejected a controversial proposal to use eminent domain to help refinance underwater mortgages and instead will wait for the state to weigh in on the legality.

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