A report has been published that suggests immigrants could be vital to helping blighted neighborhoods recover, but it seems their potential is being ignored by those in authority.
Detroit gets $30M to rejuvenate blighted neighborhoods
The AFL-CIO Housing Investment Trust (HIT) announced that it will invest up to $30 million in the Detroit Neighborhood Home Repair Program, a partnership with leading civic and community organizations to rejuvenate up to 300 single-family homes and properties that have faced decades of blight.
Cities Resort to Demolition to Deal With Blight
A deconstruction movement is brewing across U.S. cities, in an effort to combat neighborhood blight and keep dilapidated homes from hampering nearby home prices.
Herb Strather Revealed As Detroit’s Mystery Blight Buyer
Herb Strather, a casino and real estate developer in Detroit, has big plans for the more than 6,000 foreclosed homes he recently snagged in an auction.
Detroit Foreclosure Auction Attracts $3M Bid for 6,000 Crumbling Homes
Detroit is on a mission to unload its blight, with plans to foreclose on one of every five properties in default in the city. Last week, in a mega-auction, one bidder offered up $3.2 million for a bundle of more than 6,000 foreclosures, which equates to about $500 per property.
Cost of Eliminating Detroit’s Blight Could Rise to $1bn
Detroit could face a price tag approaching or even surpassing $1 billion to remove blight, according to a report released by a special task force appointed by President Barack Obama.