A group of University of Michigan urban planning graduate students completed a 2006 report titled, “Planning for Detroit’s Tax-Reverted Properties: Possibilities for the Wayne County Land Bank.” The project was supported by Community Development Advocates of Detroit (CDAD) and funded by Local Initiatives Support Corporation (LISC). From the report:
“Planners working with the City of Detroit’s Planning & Development Department created an index for the City of Detroit using a ranking system to classify areas, where census tracts with a ranking of 1 are the weakest and 10 are the strongest. The average census tract score is 6. This system uses six indicators that serve as the basis for comparison:”
- Rate of owner-occupancy
- Number of occupied units
- Households above the poverty line
- Median household income
- Population below age 65
- Workers employed in professional or managerial occupations