Stop the Auction – Stop Foreclosures
Wayne County Treasurer’s Office
400 Monroe, Greektown, Detroit
Tuesday, September 15, Noon – 2 PM
Thousands of Detroiters and other Wayne County residents will be evicted from their homes in the next month, as the Wayne County Treasurer auctions their homes to investors following tax foreclosure. The first auction begins September 11 and goes until September 17.
This disaster is entirely avoidable! The State of Michigan is sitting on $200 million in federal Helping Hardest Hit Funds that can be used to pay delinquent property tax bills for occupied homes. But instead of using these funds for their stated purpose, to keep families in their homes, the State and Federal governments are using these funds to tear down homes and turning them over to the “blight taskforce” led by Dan Gilbert.
A recent Detroit News report documented how the banks along with Fannie Mae and Freddie Mac are responsible for the destruction of Detroit’s neighborhoods, through their massive foreclosures on predatory, sub-prime mortgage loans, and then giving away the properties to “investors” who never paid the property taxes. Of the 84,000 properties on the city’s blight list, 76% are foreclosures. The banks, Fannie Mae and Freddie Mac, and lenders like Quicken Loan must be made to pay for the blight they caused through their massive foreclosures in Detroit and all of Wayne County!
- Moratorium to Stop Tax Foreclosures and Auctions of Occupied Homes
- Use Federal Helping Hardest Hit Funds to Pay Delinquent Property Tax Bills
- Make the Banks Pay for the Blight They Caused