Tax foreclosure is a devastating issue in Detroit, especially for families. It turns neighborhoods on their heads and hampers the sense of community so vital to rebuilding the city.
The Tricycle Collective, a local non-profit, is currently raising money to help Detroit families avoid foreclosure by purchasing the house they already live in during this year’s tax foreclosure auction. The organization aims to raise $30,000 by September 30 to achieve its goal.
As of this article’s publication, the campaign had raised $6,065. To help The Tricycle Collective, make a donation through the organization’s Patroncity page. All donations made are tax-deductible. Regardless of whether or not the organization meets its fundraising goal, it will collect all the funds raised by October 1 at 11:45 p.m.
Each family partnered with The Tricycle Collective will receive a $500 donation to help them buy their home in the auction. The donations are handled by The Tricycle Collective’s partner organization, United Community Housing Coalition (UCHC), which has helped to buy more then 1,600 homes in Wayne County Tax Foreclosure Auctions.
If you’re wondering whether $500 makes a difference in a foreclosure auction, it does. 14 of the families that worked with The Tricycle Collective were able to buy their home for $500.
However, The Tricycle Collective does more than provide families with money to put towards purchasing their home. The organization also encourages families to become homeowner experts by sharing information and encouraging outreach. UCHC offers free counseling and legal services to ensure that new homeowners are set up for success.
Over the years, The Tricycle Collective has issued more than $28,000 in direct donations to families living in foreclosed homes. 40 families have successfully saved their home from foreclosure or bought their home in an auction with help from The Tricycle Collective.
Donate now to help The Tricycle Collective keep Detroit families in their homes.