Proposal to Purchase 11,073 Properties for Home Ownership Program
March 22, 2017
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The Frame
The proposal involves the potential transfer of 11,073 properties from public ownership to a private entity, which would significantly alter land management and housing availability in 24 Detroit neighborhoods.
Potentially affected actors named in the source documents. Mention is not a position.
Residents of the 24 affected neighborhoods
The potential sale of 11,073 properties in these areas could change local property ownership and neighborhood development.
Home Team Detroit, LLC
The entity is seeking to acquire a large portfolio of city properties.
Last recorded activity March 22, 2017.
Next step not available in the current record.
Summary
Key Facts
- The proposal involves the potential purchase of approximately 11,073 properties.
- The properties span 24 whole neighborhoods within the City of Detroit.
- The acquisition is proposed to occur via the 2017 First Right of Refusal process.
- The Law Department has been tasked with reviewing the request and submitting a formal report.
- The stated purpose of the acquisition is to create home ownership opportunities in the community.
- The matter was referred to the Budget, Finance and Audit Standing Committee on March 22, 2017.
Why It Matters
The proposal involves the potential transfer of 11,073 properties from public ownership to a private entity, which would significantly alter land management and housing availability in 24 Detroit neighborhoods.
Frequently Asked Questions
What is the 'First Right of Refusal' process?
Has the city agreed to sell these properties?
News Coverage
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Massive Property Consolidation
The proposal seeks to acquire 24 whole neighborhoods at once, which is a highly unconventional approach to urban land management.
Connected Entities
Sources
webapi.legistar.com
Analysis Score
0–100- Significance90How much this matters to a regular citizen
- Controversy60Intensity of disagreement among stakeholders
- Entertainment40Compellingness for a non-policy-wonk reader
- Buzz50Current news / social attention level
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