Detroit hits pause on tax foreclosures to help homeowners during COVID-19

Eli Newman May 13, 2020

Heard on:

Detroit hits pause on tax foreclosures to help homeowners during COVID-19

Eli Newman May 13, 2020

Heard on:

Pressing pause on tax foreclosures is a solution to a long-standing problem in Detroit. Eli Newman

Foreclosures have been a chronic problem in Detroit for years. Researchers at the University of Michigan estimate nearly half of all residential properties in the city experienced some sort of foreclosure between 2005 and 2015.

But with the onset of the COVID-19 pandemic, Detroit’s county officials have paused tax foreclosures this year. The move is a temporary fix to one of the city’s long-standing housing problems.

Click the audio player above to hear the full interview.

Stories You Might Like

Detroit homeowners still struggling with foreclosure

Foreclosures rise as pandemic protections expire

Millions of renters face holiday evictions — and long-term debt

New Detroit program uses bridge construction benefit to repopulate tax-foreclosed homes

What’s happening with home foreclosures?

Biden acts on evictions, foreclosures, but long-term housing crisis looms

There’s a lot happening in the world. Through it all, Marketplace is here for you.

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.