No more Social Impact Bonds.
No more TARP.
No more Hardest Hit Funds.
None.
Go tell Rip "The Rip-Off" Rapson to get his rogue ass crew to crowdsource the $200 million they owe Detroit from what they did to the people.
Mayor Duggan seeks $200M bond for blight fight in Detroit
Detroit Mayor Mike Duggan is planning to ask voters to support a $200 million bond issue next spring to wipe out more blight in the city.
Duggan announced his plans Thursday morning during his keynote address at the annual Mackinac Policy Conference on Mackinac Island.
The mayor first touted Detroit's progress with about $260 million in federal blight elimination dollars that's aided it in knocking down about 18,000 properties since spring 2014 as part of a massive demolition program.
But, the mayor said, "we've still got a bunch of areas we haven't gotten to" and it's "my obligation ... as mayor ... to get to every neighborhood."
Duggan intends to bring the ballot initiative to voters in March, and it won't result in higher taxes, he said.
Detroit's demolition program has been the focus of state, local and federal reviews after concerns were raised in fall 2015 over bidding practices and spiraling costs.
In April, a federal investigation secured guilty pleas from two men as part of a lengthy criminal investigation into the demolition program.
The Department of Justice has signaled it doesn't expect to bring more charges against public officials for wrongdoing in the effort that's awarded the city about $259 million to tear down blighted homes.
Earlier in his address Thursday, the mayor rehashed his early accomplishments in relighting streets, improving garbage collection and other efforts.
Also on Thursday morning, Gov. Gretchen Whitmer signed off on an auto reform bill. Rates, Duggan noted, have been "a huge financial penalty" in the city.
Duggan announced his plans Thursday morning during his keynote address at the annual Mackinac Policy Conference on Mackinac Island.
The mayor first touted Detroit's progress with about $260 million in federal blight elimination dollars that's aided it in knocking down about 18,000 properties since spring 2014 as part of a massive demolition program.
But, the mayor said, "we've still got a bunch of areas we haven't gotten to" and it's "my obligation ... as mayor ... to get to every neighborhood."
Duggan intends to bring the ballot initiative to voters in March, and it won't result in higher taxes, he said.
Detroit's demolition program has been the focus of state, local and federal reviews after concerns were raised in fall 2015 over bidding practices and spiraling costs.
In April, a federal investigation secured guilty pleas from two men as part of a lengthy criminal investigation into the demolition program.
The Department of Justice has signaled it doesn't expect to bring more charges against public officials for wrongdoing in the effort that's awarded the city about $259 million to tear down blighted homes.
Earlier in his address Thursday, the mayor rehashed his early accomplishments in relighting streets, improving garbage collection and other efforts.
Also on Thursday morning, Gov. Gretchen Whitmer signed off on an auto reform bill. Rates, Duggan noted, have been "a huge financial penalty" in the city.
Voting is beautiful, be beautiful ~ vote.©
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