Lessons from 2023 VAD Academy: Systemic Racism is a Root Cause of Vacant Properties
Center for Community Progress
JULY 20, 2023
A major residential reassessment effort from 2014-2017 resulted in assessment reductions for over two-thirds of properties , and this year the City Council authorized funding and program s for homeowners impacted by overassessment. Some cities, like Detroit, are working to correct the overvaluation with equity in mind.
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