Detroit to get $52 million to fight blight
The city of Detroit will receive $52.3 million in federal funds for blight removal, Governor Rick Snyder announced today.
About $37.4 million will go to four other Michigan cities to fund large-scale projects to stabilize neighborhoods, preserve property values and fight crime.
The governor announced in June that the U.S. Department of the Treasury approved $100 million for anti-blight efforts in Detroit, Flint, Grand Rapids, Pontiac and Saginaw through the Hardest Hit Fund.
While Detroit will get about half of the funds, Flint will get $20.1 million; Grand Rapids $2.5 million; Pontiac $3.7 million, and Saginaw $11.2 million.
About $10.2 million is being held in reserve to tear down additional abandoned properties that may become eligible for demolition during the pilot program and for unanticipated project costs.
According to a news release from the Governor’s office, the targeted demolitions represent a major expansion of an ongoing effort by the Michigan State Housing Development Authority (MSHDA) and other state partners to aggressively address blight in Michigan.
“With these federal funds, we’ll be able to launch large-scale demolition programs that strike at the blight that is weakening too many neighborhoods in these cities,” the governor said. “This aggressive anti-blight effort will help stabilize neighborhoods that have been struggling for years. As the abandoned properties come down, property values will go up, and crime will go down. That will encourage the people who live in these neighborhoods to stay in their homes and be part of the revitalization of their communities.”
Demolition work is scheduled to begin later this month in Detroit and within several weeks in the other cities.
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