City of Detroit Report: Dan’s Dreams on our Dime
Detroit – On May 21st the city of Detroit’s Legislative Policy Division released their “Quicken Loans/Bedrock Subsidiary Public Subsidies Report”. This report finally puts a total dollar amount on the tax abatements and tax capture our public officials have given away to Dan Gilbert’s companies. All without a real Community Benefits Agreement. Though this report hasn’t been covered in the media, it is important information that Detroiters need to know about.
Contact Detroit City Council!
Detroit City Council Contact Info 2017
At Large – Council President Brenda Jones
At Large – Janee Ayers
District 2 – Roy McCalister Jr.
District 1 – James Tate
District 3 – Scott Benson
District 4 – Andre L. Spivey
District 5 – Council President Pro Tempore Mary Sheffield
District 6 – Raquel Castaneda-Lopez
District 7 – Gabe Leland
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“In a memo to the Legislative Policy Division (LPD), Council member Castaneda-Lopez requested that LPD provide a report to Council which compiles all tax credits, tax abatements and other public subsidies sought and received by the Quicken Family of Companies from the City of Detroit. In addition, LPD was also requested provide inormation on each subsidiary and building/project, as well as the aggregate totals for each subsidy type and the total value of public support. This report is our response to this inquiry.”
“Overall, our research has revealed that under the umbrella of the Quicken Family of Companies,’ There are fifteen (15) projects that have received or Quicken is requesting tax abatements or incentives from the City of Detroit. The overall number of tax abatements or incentives Quicken has received or reguested from the City of Detroit is 27, as detailed below:”