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The City of Detroit and housing developer CHN Housing Partners on Wednesday announced a new program for small-scale property owners of duplexes to get up to $15,000 per unit and as much as $45,000 ...
Since tax revenues fund government-backed grants for home improvements, they frequently have strict rules and auditing procedures. Many grants are competitive; even if you qualify for a grant, you ...
Residents can begin applying online on the Detroit Home Accessibility Program website or by calling 866-313-2520, or going to a Detroit Housing Network location.
Home purchase or rehabilitation financing assistance – In this type of activity, the HOME program may provide a down payment for the purchase of a housing unit to a financial institution, thereby reducing the monthly mortgage payment of the loan balance for a low-income family that otherwise could not afford the monthly payment. The down ...
Capital Impact worked with Midtown Detroit Inc., the Kresge Foundation and the Ford Foundation to establish Stay Midtown, a program designed to aid Midtown residents being priced out of their neighborhood. [82] In 2017, Capital Impact founded the Equitable Development Initiative program, designed to help minority real estate developers in Detroit.
The organization started Kresge Innovative Projects: Detroit (KIPD) in 2015 with a $5-million pilot program to award small grants to restore neighborhoods in Detroit. [30] The program was relaunched in 2018 with $6 million in additional funds. [30] [31] As of August 2020, the program awarded grants to 127 projects in neighborhoods around the ...
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