City of Detroit Minutes Planning and Economic Development Standing Committee 2026-06-18
City Weighs Sale of 16 Equity Fund Homes to Price Rite
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Description
Price Rite Investments, LLC offered $180,000 to purchase sixteen City-owned residential homes by reverter under an Equity Fund Homes proposal. The Planning and Economic Development Standing Committee requested the item be brought back in one week.
Contract Details
Contract Amount
$180,000.00
Vendor
PRICE RITE INVESTMENTS LLC
Agency
City of Detroit, MI
Contract Type
FACILITIES
Document Date
June 18, 2026
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