Detroit Rising: Expiring tax payment plans threaten new wave of foreclosures in Detroit next year episode artwork

EPISODE · Dec 19, 2019 · 15 MIN

Detroit Rising: Expiring tax payment plans threaten new wave of foreclosures in Detroit next year

from Small Business Spotlight · host Chad Livengood

Laura Grannemann, vice president of strategic investments at the Quicken Loans Community Fund, talks with Crain's Senior Editor Chad Livengood about the company's efforts to educate low-income Detroiters about the eligibility to get exempted from paying property taxes and avoid foreclosure for unpaid taxes. Mayor Mike Duggan and Wayne County Executive Warren Evans are lobbying lawmakers to relieve homeowners in Wayne County of past fees and interest charges for unpaid property taxes to avert another wave of foreclosures in 2020. The legislative effort follows several years of groundwork by housing advocacy groups and the Quicken Loans Community Fund, which has funded door-to-door campaigns to educate low-income residents in Detroit on how they may qualify for an exemption of property taxes.

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Detroit Rising: Expiring tax payment plans threaten new wave of foreclosures in Detroit next year

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