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The idea is known as a land value tax, or split-rate tax. It would drastically cut tax rates on structures, while more than doubling them on land. Duggan said that would give the vast majority of Detroit homeowners a tax cut.
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The plan comes from the Osborn Neighborhood Alliance, which has purchased several duplexes to rehab and sell at a discounted rate. The group plans to sell to buyers who will live in one unit, and rent out the second to families with low-income housing vouchers.
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The plan would tax land and buildings at different rates. Duggan is proposing a 30% tax cut on structures and a 300% increase on land.
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In his annual address to the Detroit City Council on Thursday, Ombudsman Bruce Simpson laid out a series of recommendations, and detailed his department’s work fielding citizen complaints against various city departments.
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“I am obsessed with a goal: To eliminate blight from the city of Detroit entirely by 2025,” Detroit Mayor Mike Duggan said recently.Duggan has said some…
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Detroit police have started searching abandoned homes as part of an investigation into a possible serial killer and rapist.Detroit Police Chief James…
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Another 50 Detroit families will own the homes they currently live in, thanks to a city program.The Detroit Land Bank Authority’s occupied buy-back…
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The Next IdeaYou can’t rebuild your home or your neighborhood without tools. But tools cost money.Here’s a solution: a community tool-sharing program.…
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Another large-scale, commercial urban agriculture project is set to take root over 22 square blocks of Detroit’s east side.RecoveryPark Farms will lease…
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Wayne County is currently in the midst of the largest municipal property auction in United States history.Some 30,000 properties are on the auction block,…