Each year, the City has an opportunity to buy foreclosed homes from Macomb County. For many years now, the City has opted to buy these homes. For a few years, the City would bundle all the properties and sell them to the highest bidder. Usually, this worked decently well. But sometimes, it did not work well. The City would be having Dangerous Building Hearings on some of these properties, because the contractor let the bad ones go, while making a profit on the nicer homes. We have now adopted a poicy that should address this downfall. In general, the City will now only sell homes to non-profits, or will renovate them itself and sell them on the market. Please review our Tax Reversion Policy here to see all the details.
Tax Reversion Policy Adopted
