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Detroit City Council approves hundreds of millions in tax incentives for District Detroit

Posted on AllSides March 28th, 2023

Detroit City Council on Tuesday approved more than $615 million in tax incentives for two white billionaire developers — the Ilitch family and Stephen Ross — to build new residential units, hotel rooms, and office space in areas that should have already been transformed.Following more than two hours of public comment, the council voted 8 to 1 in favor of the transformational brownfield tax incentives for the $1.5 billion District Detroit proposal. In all, the tax incentive package is worth nearly $800 million.The total cost of the project is roughly...

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https://metrotimes.com/news/detroit-city-council-narrowly-approves-hundreds-of-millions-in-tax-incentives-for-district-detroit-32723768

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