6102 ROSA PARKS Boulevard Detroit, MI 48208

This vacant land in Detroit, MI, is suitable for small- to medium-scale infill development, with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. The Detroit Land Bank Authority (DLBA) is seeking proposals for new build opportunities. Interested buyers should consult DLBA proposal guidelines. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. The property is zoned for residential use and has a lot size of 0.18 acres. The DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission info.