Tax Foreclosure Auction1

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UPDATE: The Tricycle Collective Made An Impact By Keeping Detroiters In Homes

We reported on Michele Oberholtzer’s fundraising initiative known as the Tricycle Collective early last month. The effort helps to keep 10 Detroit families in their homes by contributing $500 toward the purchase of the homes that were for sale in the Wayne County Tax-Foreclosure Auction. Here’s an update. Of the nine homes that were won in the auction, five were purchased for the round two starting bid price of $500.  The other four homes were purchased with $500 as an addition to the money th...

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