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2020 | 2019 | 2018 | 2017

Detroit, MI Revenue Losses from Subsidy Programs

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Click on the name of a program for more details.

Program Name Program Type Gross Revenue Loss Reimbursement / offset Net Revenue Loss Type of Loss
Brownfield Redevelopment Authority (BRA) Site cleanup $1,179,840 $0 $1,179,840 Active
Commercial Redevelopment Act (CRA) Construction/rehabilitation $6,573 $0 $6,573 Active
Commercial Rehabilitation Act (CRA) Construction/rehabilitation $1,966,521 $0 $1,966,521 Active
Industrial Facilities Tax (IFT) Industrial development $426,216 $0 $426,216 Active
Land Bank Fast Track (LB) Foreclosure $483,462 $0 $483,462 Active
Michigan State Housing Development Authority (MSHDA) Affordable housing $5,360,686 $0 $5,360,686 Passive
Neighborhood Enterprise Zone (NEZ) Redevelopment $4,278,780 $0 $4,278,780 Active
Obsolete Property Rehabilitation Act (OPRA) Construction/rehabilitation $1,729,275 $0 $1,729,275 Active
Renaissance Zone Act (RZ) Economic development $5,094,819 $0 $5,094,819 Active
Senior Citizen/Disabled Family Housing Exemption Affordable housing $63,652 $0 $63,652 Active
TABULATED TOTAL $20,589,824 $0 $20,589,824