Detroit leaders to announce expansion of vacant home auction program today

DETROIT (WXYZ) - A plan to help revitalize Detroit neighborhoods enters a new phase today.

Mayor Mike Duggan, City Council President Brenda Jones and other city council members are expected to announce the expansion of Detroit's home land bank sale today.

The first homes in the program were auctioned off in early May in East English Village.

Bidding started at $1,000, but by the end of the first auction, the first home was sold for more than $34,000.

Once a home is purchased, the buyer is required to renovate it and move someone into the home within six months.

City leaders say more than 6,000 people have signed up to bid on homes through the online auction website, BuildingDetroit.org.

Today, leaders will release updated numbers from the first week of auctions and discuss which two neighborhoods will be featured in the next phase of auctions. They will also unveil plans for more open houses to be held next weekend.

Today's press conference is scheduled for noon in Detroit's Boston Edison neighborhood.
 

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