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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateMichigan
Effected JurisdictionCity of Detroit
Jurisdiction type: Municipality
Fiscal year ending In2020
Program nameMI State Housing Development Authority
Program purpose: Historic Preservation
Statutory authority: Act 346 of 1966
Abating jurisdiction(s): Detroit, Michigan
Applicable taxesProperty Tax
Method of abatement: Payment In Lieu of Taxes (PILOT)
Provisions for recapture: (not specified)
Gross revenue loss: $5,997,924
Reimbursement / offset: $0
Net revenue loss: $5,997,924
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://detroitmi.gov/departments/office-chief-financial-officer/financi...