Description
The Hyde Park development's PILOT application was approved on reconsideration, replacing property taxes with a rental-revenue-based service charge and income/rent limits for 15 years.
Impact summary
Keeps the affordable-housing restrictions attached to the PILOT in place and allows the project financing to move forward before the November 1 deadline.
Applicant
- Name
- Hyde Park Detroit, LLC
- Address
- 2028 Hyde Park Dr, Detroit, MI
At a glance
- Hearings
- 3
- Public comments
- 0
- Total mentions
- 3
Last vote · City Council
Rising — discussed at 3 meetings since Oct 7, 2026, up from 0 in the two months before.
Meeting timeline (3)
City Council Formal Session
A 15-year PILOT replacing property taxes with a service charge in exchange for income and rent restrictions on certain units; approved on reconsideration after failing the prior week.
City Council Formal Session
A PILOT to convert 43 two-bedroom apartments to workforce housing (81-120% AMI) with rents decreasing about $70/unit. The council said no, 3-5.
Budget, Finance And Audit Standing Committee
Payment in Lieu of Taxes (PILOT) application for a 43-unit workforce housing apartment building.
Related issues (2)
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