Detroit’s Imperiled Home Owners and Small Businesses Demand Moratorium

Ronmamita's Blog

Social Crisis in Detroit: Wayne County Facing Massive Tax Foreclosure Affecting Home Owners and Small Businesses

Social Crisis in Detroit: Wayne County Facing Massive Tax Foreclosure Affecting Home Owners and Small Businesses

Despite claims of a “revitalized” city hundreds of thousands remain imperiled

A broad based coalition of Detroit organizations is fighting for a moratorium on property tax foreclosures where 62,000 homes, apartment buildings, small businesses and lots are slated for seizure by Wayne County. Another 15,000 are also scheduled for the broader county.

In addition, tens of thousands more will revert back to foreclosure since they were not able to keep up with payment plans established last year. The Wayne County Treasurer’s office has encouraged people to come forward and sign agreements to make payments in installments.

However, with declining properties being over assessed by the city government and at least 40 percent of Detroit residents living in poverty, it is highly unlikely that these agreements will be honored.

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