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.
State:
Michigan
Reporting Jurisdiction:
Detroit
Jurisdiction type
:
Municipality

Fiscal year ending In:
2020
Program name:
MI State Housing Development Authority
Program purpose
:
Affordable housing; Historic preservation

Statutory authority
:
Act 346 of 1966

Abating jurisdiction(s)
:
Detroit

Applicable taxes:
Property 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)