Farmington Hills
REAL ESTATE
Biden administration official announces funding for housing assistance program in Detroit
With tears of joy, 32-year-old Satin Adams of Detroit shared that she is the first person in her immediate family to be a homeowner. “I was ready to buy a home,” the mother of six said about living in the federally subsidized Martin Luther King Jr. apartments in Detroit until December. “I wanted a backyard.” […] The post Biden administration official announces funding for housing assistance program in Detroit appeared first on Michigan Advance.
Detroit's Down Payment Assistance Program Launches Second Round with $7 Million to Aid Homeownership Dreams
Detroit is rolling out the second iteration of its Down Payment Assistance Program, a homeowner-boosting initiative backed by American Rescue Plan Act (ARPA) funds, aiming to transform up to 300 renters into property owners, as confirmed by the Mayor's Office on Thursday. It's a move that could significantly alter the homeownership landscape for many locals, according to FOX 2 Detroit.
Friedman Real Estate Facilities Sale-Leaseback of Michigan Dispensary
Friedman Real Estate’s Steven Silverman recently closed the Sale-Leaseback of Quality Roots located at 350 E 14 Mile Rd in Madison Heights, Michigan. Friedman advised both sides in the transaction. Quality Roots, a Michigan-based dispensary providing a variety of cannabis products, operates eight cannabis dispensaries in Michigan and has...
Repurposing community assets strengthens communities in Pontiac and Detroit
This series, Block by Block, is supported by FHLBank Indianapolis, IFF, and CEDAM, and follows emerging and diverse developers building affordable housing in Michigan. Micah 6 executive director Coleman Yoakum meets with community kids at the Micah 6 hoop house near the new community center that is under renovation. Pontiac...
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