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Residents criticize Detroit Land Bank and foreclosure outcomes, say homeownership decline must be addressed
Summary
Multiple callers at the Detroit City Council meeting criticized the Detroit Land Bank and city foreclosure processes, saying the Land Bank and long-term foreclosures have contributed to loss of Black homeownership and generational wealth.
Several Detroit residents used the council’s public-comment period to criticize the Detroit Land Bank Authority and to urge the council to pursue stronger efforts to return properties to private ownership.
Why it matters: Callers said the Land Bank’s handling of foreclosed properties erodes neighborhood wealth and leaves long-term residents without the benefits of homeownership.
William M. Davis told the council the Land Bank has contributed to long-term decline in Black…
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