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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 opens second round of down payment program
Detroit has opened a second round of its program that helps first-time homebuyers with down payments. The big picture: The first iteration used $12 million in federal American Rescue Plan Act (ARPA) dollars, providing down payment and closing cost financial assistance for 434 residents. Now the city is using another...
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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