As the capital of Haiti, Port-au-Prince is a growing city, but it lacks the ability to effectively collect property taxes and provide basic services to its citizens. That will soon change, thanks to a partnership with Greenfield Advisors, a U.S. company that specializes in real estate valuation and the evaluation of property tax assessment programs throughout the world.
Under the new partnership, the city of Port-au-Prince will receive updated technology and support that will allow city officials to recreate its property database, mail property tax bills, and collect payments in an efficient manner. Greenfield Advisors staff will provide technical support, data collection, and management services.
Port-au-Prince Mayor Ralph Youri Chevry plans to use the additional revenue to upgrade the city’s infrastructure, schools, and trash collection services for the 2.5 million residents.
“Our first goal is to increase trash collection services,” Mayor Chevry said. “This will improve conditions for our citizens. We also want visitors to our city to enjoy clean streets.”
The partnership will utilize the skills of the Greenfield Advisors team, a real estate and economic consulting company with more than 40 years of experience, plus other strategic partners experienced in providing software and technical support to cities desiring to upgrade their tax collection infrastructure. Greenfield and its partners are excited about the opportunity to help Port-au-Prince build a better life for not only its residents, but the people who visit.
“Haiti has seen its share of obstacles over the years, but Mayor Chevry has a great vision for his city,” said Greenfield Advisors’ Vice Chairman and Co-Managing Director Dr. Clifford Lipscomb. “He is personally invested in making sure that the City of Port-au-Prince regains its status as a center of business and commerce in the Caribbean. We are looking forward to helping the Mayor and his staff realize their dreams for Port-au-Prince.”
Once additional staff is in place in both the U.S. and Haiti, officials will send out tax bills this fall to begin the collection process. It’s a big first step in raising the money the city needs to improve its infrastructure and provide needed services.
“This will be a process that will take some time,” Mayor Chevry said. “But we are excited about what the future holds for our wonderful city, and we see ourselves as an international destination for visitors from all over the world.”
About Greenfield Advisors
Founded in 1976, Greenfield Advisors is a boutique economic and financial analysis firm that provides government and private sector clients with customized consultations and advisory services. Best known for its analysis of complex economic, financial, and real estate situations in high-profile litigation matters, Greenfield Advisors also develops feasibility studies, business plans, and appraisals for its clients. Greenfield Advisors’ subsidiary, Bartow Street Capital LLC, serves as its investment banking and capital raising arm, and its subsidiary, Accre LLC, acts as an investment principal. Learn more about Greenfield Advisors by calling 206-623-2935.