City of Detroit employees, retirees and their immediate families will receive half off homes sold in a city auction designed to save fixable homes in stable neighborhoods as part of a new incentive Mayor Mike Duggan's administration is to announce this morning.Special privileges.
Current city workers — those on the city payroll or working on contract with the city — and retirees will be eligible for 50% off the final auction price of homes put up to bid through the Detroit Land Bank, spokesman Craig Fahle told the Free Press.
Factoring in immediate relatives — which include siblings, children and parents of the city's current and retired work force — adds a potential pool of buyers far beyond the city's current workforce of about 9,000, along with 23,000 retirees.
The incentive is designed as both a reward to city workers, past and present, and as a way to lure more people back to the city through one of the Duggan administration's signature efforts to arrest blight.
Monday, January 26, 2015
Detroit offers home discount to city workers
The Detroit Free Press reports: