Houses and other real estate in Chicago owned by drug dealers will be targeted for forfeiture under a new initiative of Mayor Richard Daley, reports the Chicago Tribune. The city now seizes cars, cash, jewelry, and other assets from dealers. Property will be targeted if more than one kilogram of narcotics is recovered there; the building was used to sell or store drugs, or store or launder drug proceeds; or if the building was bought with drug money.
If the court orders the building forfeited, the city, offiicals would try to find a suitable buyer to “ensure that the building is restored to viable housing for the community,” Daley said. The mayor recently announced that the city will work to prosecute drug dealers on state tax-evasion charges.