DETROIT (AP) - A Detroit developer says he wants to work with churches, community groups and a land bank to help demolish and fix up some of the 6,350 properties he is trying to buy.
Herb Strather and a group of investors made a $3.2 million winning tax auction bid for the dilapidated houses and vacant lots.
The sale is part of a “Blight Bundle” effort by Detroit and Wayne County to fight blight by packaging groups of properties.
Ten percent of Strather’s bid is due Wednesday and the remaining balance within two weeks.
The Detroit News reports that county records show Strather owing $260,000 in tax liens and judgments. A $77,000 bank judgment also has been filed against him.
Strather told reporters Wednesday that he once owed $20 million.
Please read our comment policy before commenting.