Detroit Land Bank Announces Major Reforms: 15,000 Vacant Homes Returned to Use and $2 Billion in Home Wealth Gains
Detroit, Michigan Mayor Mary Sheffield and Detroit Land Bank Authority (DLBA) CEO Tammy Daniels announced a series of reforms and new initiatives at the Land Bank on Nov. 9.
The reforms are designed to expand resident access to land and homeownership, improve transparency and customer service, and accelerate housing development across Detroit neighborhoods, the city said.
Since it was restructured in 2014, the DLBA has facilitated the sale and renovation of 15,000 vacant homes, sold 35,000 side lots, and overseen the removal of thousands of dangerous vacant homes. A recent study showed the Land Bank's work has resulted in a net $2 billion gain in home wealth for Detroiters.
The city acknowledged that many Detroiters have long been frustrated by Land Bank processes they feel make it too hard to obtain properties and to succeed in renovating Land Bank homes; the reforms are meant to address those concerns.
In the same mayoral update, Sheffield also formally launched Project 1,000, a citywide strategy to build 1,000 new infill homes in Detroit neighborhoods by 2031, with every city department that touches a new home working from one plan toward that goal.
(Source: City of Detroit)
Source: City of Detroit
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Photo: 图：密歇根州底特律市天际线。CC BY-SA 4.0，经 Wikimedia Commons。 / Photo: The Detroit, Michigan skyline. CC BY-SA 4.0, via Wikimedia Commons.
