The Detroit Land Bank Authority will pay the state $5 million to settle complaints over how its demolition program handled invoices.
But Mayor Mike Duggan says the city will also get $5 million from the state in new demolition money.
“This gives us enough funding to go full speed ahead with the demolitions for the next year and a half,” Duggan said.
The city also reimbursed the state roughly $1.3 million for its investigation costs.
Duggan is satisfied with the deal.