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Caller urges Detroit treasurer to enact moratorium on foreclosures for lower-value properties

3536058 · May 21, 2025
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Summary

A caller asked the council committee to ask Treasurer Eric Sabree to place a moratorium on tax foreclosures for properties valued under $50,000 in 2025, citing alleged widespread overassessment and past halts on owner-occupied foreclosures.

During the public-comment period on May 20, a caller named Tahira Ahmad urged the Detroit City Council committee of the whole to ask City Treasurer Eric Sabree to place a moratorium on tax foreclosures for lower-value properties.

Ahmad said Detroit residents were “overtaxed by an estimated $600,000,000” between 2015 and an unspecified later date and said that overassessment contributed to more than 30,000 property tax foreclosures. She cited research she attributed to the University of Chicago saying the city “continues to overtax 62% of homes below a certain property value.” Ahmad asked the committee and listeners to call Treasurer Eric Sabree and request a moratorium on foreclosures for properties valued under $50,000 in 2025. She noted Treasurer Sabree has previously halted owner-occupied foreclosures below a certain amount in past years.

The call was delivered during the public-comment period; the committee did not take immediate formal action on the request during the meeting. Ahmad provided a telephone number for Treasurer Sabree during her comments and asked the committee to press for a moratorium to halt what she described as disproportionate foreclosure activity affecting lower-value Detroit properties.

The committee’s formal agenda later proceeded with multiple items; a formal motion or response to the moratorium request was not recorded on the transcript during this session.