New proposal would eliminate all residential blight from every Detroit neighborhood by mid-2025
New proposal would eliminate all residential blight from every Detroit neighborhood by mid-2025 Joined by neighborhood residents and Councilmembers Andre Spivey and Scott Benson, Mayor Mike Duggan today announced a request for Detroit City Council to authorize a $250 million bond initiative for the March 2020 ballot that would completely eliminate all residential blight from every Detroit neighborhood by mid-2025.
The proposal, if approved by Council and passed by voters, would not increase taxes for Detroiters. It would allow for the city to demolish 19,000 abandoned residential buildings while rehabbing and occupying approximately 7,000 homes that can be saved.
It would take 13 years for the City to complete the same number of demolitions without this bond proposal, which would eliminate residential blight citywide in five years.
Until now, the City’s blight removal efforts have been funded by mostly federal Hardest Hit funds, which can only be used in limited areas of the city as directed by the federal government. This program would allow the city to remove blight in EVERY neighborhood across Detroit.
?For the past five years, residents living outside of the federal boundaries have been asking me when it?s going to be their turn and those have been difficult conversations,? Mayor Duggan said. ?Because these funds will be completely controlled by the city, neighborhoods that have lived with blight for decades will see all of it removed within five years of the bond sale being approved.?
This luncheon offered regional businesses the opportunity to learn more about Gov. Whitmer's budget proposal and vision of collaborating with the business community to accomplish her priorities for Michigan and its citizens.
Former Microsoft CEO Steve Ballmer, owner of the Los Angeles Clippers, chats with Dan Gilbert, founder/chairman of Quicken Loans, Inc., Rock Ventures, LLC, and owner of the Cleveland Cavaliers, about the future of Detroit.
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