This is a summary. To read the whole story subscribe to BostonGlobe.com
Standing in front of a dilapidated home in Hyde Park Thursday morning, Councilor Rob Consalvo said that if elected mayor he will impose stiff new penalties on big banks that fail to maintain foreclosed properties they own in Boston.
Consalvo, who spearheaded an ordinance in 2010 that allows the city to impose up to $400 in fees on banks that do not keep up foreclosed homes, wants the city Inspectional Services Department to send banks a detailed list of improvements needed to keep foreclosed homes on par with other properties in the neighborhood.
Under the proposal, if a bank does not make the improvements within three months, a city contractor will complete the work and then bill the bank.