City Employee Discount Rules

I. Discount

Up to a 50% discount on the amount for Auction properties sold by the Detroit Land Bank Authority is available to all eligible employees, contractual employees, retirees and their immediate family members of the City of Detroit and all participating affiliated governmental agencies and authorities.

II. Eligibility

Eligible Bidders include:

  1. Employees and contractual employees who are currently employed by the City of Detroit or a participating affiliated governmental agency or authority.
    • 36th District Court
    • Detroit City Council
    • City of Detroit
    • Detroit Building Authority
    • Detroit Economic Growth Corporation
    • Detroit Public Library
    • Detroit Zoological Society
    • Public Lighting Authority
  2. Retirees from the City of Detroit, or a participating affiliated governmental agency or authority.
  3. Immediate family members, 18 years or older, of any individual that qualifies under number 1 or 2 above, including:
    • Children,
    • Parents,
    • Spouses, 
    • Legal guardians*
    • Siblings.

Participating affiliated governmental agencies and authorities include:

* Legal Guardians refers to instances where an employee was appointed legal guardianship of an individual, who at the time was a minor (i.e. raised a nephew or niece) or where the employee was in the legal guardianship of the individual (i.e. employee was raised by his/her grandparent). The Detroit Land Bank Authority can only enter into contracts with individuals that have the legal capacity to enter into binding agreements. The Detroit Land Bank Authority cannot enter into contracts with or on the behalf of individuals that have been adjudged by a court to be an incapacitated individual or a person who is under the legal age of competence.

PLEASE NOTICE:  All Employee Discount Purchasers must be verified by the appropriate Human Resource Department prior to bidding in order to use the discount. You will receive an email stating that your discount has been approved or rejected by your HR representative within three business days of registering for an employee discount on buildingdetroit.org.

III. Discount Applied at Closing.

The discount will be applied at closing on the sale of the property. Your card will automatically be charged $1,000 upon winning the bid, regardless of any discount. For example, if you win a bid at $2,000, your credit card will automatically be charged $1,000. Please see details about Auction closing costs here.

IV. Three Year Ownership Requirement

All Employee Discount sales will be bound to a three-year ownership requirement. In the event that the Employee Discount Purchaser sells the property in less than 3 years, buyer must pay to the Detroit Land Bank Authority a percentage of the profits* realized in that sale, as follows:

*Profits is defined as (i) the sale price at which the Employee Discount Purchaser sold the property, minus (ii) the discounted price paid to the Detroit Land Bank Authority for the original purchase, minus (iii) the documented expenses incurred in rehabbing the property.

V. Auction Rules Apply

The following requirements apply to all sales of properties to Employee Discount Purchasers:

VI. Property must be Purchased by an Individual

The property must be purchased by an individual and cannot be purchased by a corporation, limited liability company, joint venture, or other legal entity. The property may be transferred to a single member limited liability company only after the rehab requirements and a rental inspection has been completed.

VII. One Discount per Registered Bidder

One discount will be given per registered discount bidder, until the three-year ownership requirement has been fulfilled.

 

City of Detroit and Participating Affiliated Governmental Agencies and Authorities HR Contact Information

City of Detroit*

  • Patricia Watkins 313-224-1693, watkinsp@detroitmi.gov

  • Coleman A. Young Municipal Center, Suite 316

  • Two Woodward Avenue, Detroit, MI 48226

*See list of City of Detroit departments below

36th District Court

  • Patricia Schryer 313-965-3085, patricia.schryer@36districtcourt.org

  • 421 Madison Avenue, #518, Detroit, MI 48226

Detroit Economic Growth Corporation

  • Vicki Thompson 313-237-4615, vlthompson@degc.org

  • 500 Griswold St, Suite 2200, Detroit, MI 48226

Detroit Zoological Society

  • Tom Guajardo 248-541-5717 x3742, tguajardo@dzs.org

  • 8450 W Ten Mile Rd Royal Oak, MI 48067

Public Lighting Authority

  • Sandra Hughes O’Brien 313-324-8290, sobrien@pladetroit.org

  • 65 Cadillac Square, Suite 3100, Detroit, MI 48226

Detroit Building Authority

  • Tyrone Clifton 313-224-0174, TClifton@detroitmi.gov

  • 1301 Third Street, Suite 328, Detroit, MI 48226

City Council

  • Deborah Richardson 313-224-6370 debrich@detroitmi.gov

  • Coleman A. Young Municipal Center, Rm 1340
  • Two Woodward Avenue, Detroit, MI 48226

*City of Detroit Departments:

  • Department of Administrative Hearings
  • Airport
  • Budget Department
  • BSEED (Buildings, Safety, Engineering and Environmental Department)
  • Department of Elections
  • Film Office
  • General Services Department
  • Department of Health and Wellness Promotion
  • Department of Homeland Security
  • Human Resources Department
  • Human Rights Department
  • Human Services
  • Information Technology Services
  • Inspector General
  • Law Department
  • Department of Municipal Parking
  • Department of Neighborhoods
  • Office of Ombudsman
  • Planning and Development Department
  • Police Department
  • Department of Public Works
  • Department of Recreation
  • Department of Transportation
  • Department of Water and Sewage
  • Department of Finance
  • Fire Department

Note: 

  • If the sale occurs in the first 12 months after the closing, pay 75% of the profits;
  • If the sale occurs between 12 and 24 months after the closing, pay 50% of the profits, and;
  • If the sale occurs between 24 and 36 months after the closing, pay 25% of the profits.
  • All eligibility and other requirements that apply under the Detroit Land Bank Authority’s rules and procedures for the Auction, or other sales, will apply to an Employee Discount Purchaser. Please see details about Auction rules here.
Detroit Land Bank Authority
500 Griswold Street, Suite 1200, Detroit, MI 48226

313-974-6869
communityrelations@detroitlandbank.org
EQUAL HOUSING OPPORTUNITY
The Detroit Land Bank is an Equal Housing Opportunity Provider and does not discriminate in the sale, rental, and financing of housing, or in other housing-related transactions, based on race, color, national origin, religion, sex, familial status, age, height, weight, or disability.
Copyright © 2014 Detroit Land Bank Authority