2020 Proposed Blight Bonds

Detroit Mayor Mike Duggan has presented Detroit City Council a request to authorize a March 2020 ballot initiative asking voters to give the city authority to sell up to $250 million in bonds to remove all residential blight from every Detroit neighborhood by mid-2025.  

The bonds would be repaid back over the next 30 years using existing tax revenue budgeted for debt retirement.  The bond sale would not result in increased taxes. Without the bond funds, the city expects it would take 13 years to complete the same number of demolitions using available city general fund surplus appropriations called for in the city’s Plan of Adjustment.  
Since 2014, the city has demolished 19,000 vacant homes while another 9,000 have been or are being rehabbed through Detroit Land Bank programs.  The bonds would result in 19,000 more structures will be demolished, and the Land Bank will sell or take legal action on 8,000 more to be rehabbed and reoccupied.  
If approved by City Council, voters would be asked to approve the bond sale at the ballot box during the March 2020 Presidential primary election.

Presentations

Council Q&A

Press

Mayor Outlines $250M Bond Program to Eliminate Residential Blight from All Neighborhoods by Mid-2025

Duggan unveils $250 million bond plan to rid Detroit of blight in 5 years

Detroit Mayor Duggan seeking residential blight removal with $420M price tag

Detroit Mayor wants to wipe out residential blight with bonds

 

Future Meeting  / Be Informed

Charter-Mandated Community Meetings: All Meetings are 7 pm - 8:30 pm

 

Date   District   Location
11/14/2019     3   The Open Door COGIC, 12411 E. Seven Mile Detroit 48205
11/21/2019    1   Christian Fellowship Church, 22400 Grand River, Detroit 48219
11/26/2019    6   St. Stephen AME Church, 6000 John E. Hunter St., Detroit 48210
12/02/2019    7   Third New Hope Baptist Church, 12850 Plymouth, Detroit 48227
12/05/2019     2   Greater Emanuel Institutional Church, 19190 Schafer Hwy, Detroit 48235
12/09/2019     5   St Matthews & St. Joseph's Episcopal Church, 8850 Woodward Ave. Detroit 48202
12/12/2019    4   Jamison Temple, 12530 Mack Avenue, Detroit 48215