Parcel Revenue’s and our COV-MOD® Division help local governments take preventive measures to help families in their communities and help protect vital tax revenue that will inevitably be lost with foreclosures. COV-MOD® is based on our patented COVID-19 Foreclosure Prevention and Income Tax Model that uses A.I. to predict future foreclosures and drastically reduces the cycle time to reclaim abandoned, foreclosed, or unproductive properties. Built on our proprietary, patented Virtual Land Bank Platform (VLBP), COV-MOD® automates the processes needed to identify financially burdened families at risk of losing their homes 1-5 years before a foreclosure occurs. COV-MOD® also makes it easier for property owners to resolve legal issues by providing free and low-cost services provided via licensed attorneys, title companies, and realtors.. As a result, COV-MOD® revitalizes communities and protects tax revenues that are vital for local governments to provide critical services to their constituents. COV-MOD® is best suited for County Land Banks looking for a comprehensive, automated tool that will help protect incoming tax revenues by: Monitoring a community’s residential housing stock for threats to parcel revenues Tracking losses and gains in parcel revenue (income, sales, and property taxes generated by residential housing units over a 5-year period) in real-time Tracking the relationship between vacancies and parcel revenues Predicting losses to parcel revenue and prevents those losses by using automation to deploy and manage social service captains designed to assist distressed homeowners Increasing owner-occupancy and sales of distressed properties to owner-occupants in lieu of irresponsible landlords and unethical house-flippers thus dramatically shortening the cycle from non-productive to productive parcel revenue Offering built-in, automated best practices for building and housing code enforcement