It covers a good deal of Detroit.

https://www.michigan.gov/documents/m...0_616755_7.pdf

This will be a really, really big deal when it gets going. If you invest in one of these with an appreciated asset [[i.e. sell a piece of real estate and buy one here), there is no cap gains tax at all after a 10 year hold. This could usher in some serious investment. Properties that can be spruced up will.