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As many of 300 more Detroiters can apply for the next round of a down payment assistance program providing up to $25,000 to help purchase a home.
Eligible homeowners have until Dec. 11 to sign up for a 2023 poverty tax exemption and see a reduction in their property taxes. Detroit homeowners can get help applying for 2023 property tax ...
A Detroit program providing up to $25,000 in down payment help serves as a model for Vice President Kamala Harris' national plan, Detroit mayor says.
The Detroit Land Bank Authority [1] is a public authority that owns and manages approximately 100,000 parcels of property in the city of Detroit, making it the city's largest landowner. [ 2 ] Occasionally framed as a quasi-governmental entity , the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that ...
In addition to property tax, the city levies an income tax of 2.4% on residents, 1.2% on non-residents, and 2.0% on corporations since 2013. [17] Revenue is also obtained from utility taxes, hotel excises and from the Detroit-owned Water and Sewer system that provides most of the fresh water and sewage treatment facilities within the ...
The plan includes a range of programs from renovating Detroit Land Bank Authority homes to offering down payment assistance to 600 Detroiters.
The city of Detroit plans to sell Lee Plaza to a joint venture that will redevelop the historic building into 180 residential units, and retail. The redevelopment will be a joint effort by Detroit-based Roxbury Group and Ethos Development Partners, who bought the property from the city in 2019 for $350,000.
The deadline for a program that can help Detroiters avoid property tax foreclosure is Nov. 1 this year. Here is what to know. Detroit property tax relief program deadline moved up to Nov. 1.