Tuesday, June 7, 2016

Your Tax Dollars at Work: 88 Million for Detroit

Detroit’s getting another $88 million for its blight fight, while a $17.6 million boost is on the way for Flint, state housing officials said Wednesday.


The U.S. Treasury Department approved the allocation plan under its Hardest Hit Fund program.


In total, Michigan was awarded $188.1 million in federal blight dollars in April as part of the latest round of funding.


Besides Detroit and Flint, $11.7 million in blight funds will be sent to other communities through a competitive application process, officials said.


Other dollars will be directed toward foreclosure prevention and homeowner assistance.


“The strategic use of these dollars will greatly benefit Michigan homeowners and strengthen communities, resulting in positive progress for people across the state,” Gov. Rick Snyder said in a statement.


Cities with a population of less than 50,000 will be able to apply for awards ranging from $250,000 to $1 million. Others can apply for $1 million to $5 million.


“In putting together the plan, we placed a priority on using the majority of funds in the areas of greatest need and where we have been most successful,” said Kevin (((Elsenheimer))), director of the Michigan State Housing Development Authority. 


“We remain committed to providing a holistic solution to the state’s foreclosure problem by helping individual homeowners and by stabilizing local housing markets in Detroit and Flint, where vacancy rates remain the highest.”


Detroit Mayor Mike Duggan talked about affordable housing opportunities and plans to reinvent city neighborhoods with transportation, converting vacant lots to wildflower meadows and revitalized housing.


“Over and over, the neighborhoods are coming back,” he said. “This is transforming this city every single day. It’s getting a little bit cleaner and a little bit better. We’ve got to reshape the landscape.”


 Full Story.

3 comments:

  1. I always meant to ask - what does 'nigga bodies (ah! ah!)' mean?

    ReplyDelete