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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 / offsetsort icon Net Revenue Loss Type of Loss
Brownfield Redevelopment Act Brownfields rehabilitation $1,402,168 $0 $1,402,168 Active
Commercial Redevelopment Act (CFT) Construction/rehabilitation $249,457 $0 $249,457 Active
Commercial Rehabiliation Act (CRA) Construction/rehabilitation $2,644,724 $0 $2,644,724 Active
Industrial Facilities Tax (IFT) Facility expansion $646,351 $0 $646,351 Active
Land Bank Fast Track Act (LB) Construction/rehabilitation $1,071,669 $0 $1,071,669 Active
MI State Housing Development Authority Affordable housing; Historic preservation $5,997,924 $0 $5,997,924 Active
Neighborhood Enterprise Zone (NEZ) Construction/rehabilitation $7,112,526 $0 $7,112,526 Active
New Personal Property Exemption Economic development $8,576,108 $0 $8,576,108 Active
Obsolete Property Rehabilitation Act (OPRA) Construction/rehabilitation $2,864,604 $0 $2,864,604 Active
Renaissance Zone Act (RZ) Economic development $8,454,372 $0 $8,454,372 Active
Senior Citizen/Disabled Family Housing Affordable housing $126,052 $0 $126,052 Active
TABULATED TOTAL $39,145,955 $0 $39,145,955