The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult DLBA proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission info. BATVAI
1448 days
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9
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Zillow last checked:
Listing updated:
Listed by:
Leonard A Pickett III248-440-2268,
RCH Brokerage Legacy Inc248-440-2268,
Clarence R Wilson248-440-2268,
RCH Brokerage Legacy Inc
Source: Realcomp II,MLS#: 20221033167
Facts & features
Interior
Features
Has basement: No
Has fireplace: No
Property
Lot
Size: 7,840 Square Feet
Dimensions: 59.00 x 131.00
Details
Parcel number: W08I007605S
Zoning description: Residential
Special conditions: Government Owned,Short Sale No