Partnership To Rehab, Sell Up To 65 Vacant Houses In DetroitThe homes will not be for sale to investors.
Quicken Loans Founder: Company Not To Blame For Detroit BlightQuicken Loans founder Dan Gilbert says the number of foreclosures on the company's loans for Detroit homes reflects the large volume of investments made in the city.
Report Details How Subprime Lending, Foreclosures Hurt DetroitMore than half of mortgage foreclosures in the last 10 years are now blighted or abandoned.
Kresge Foundation Outlines Plans For Investment In Detroit NeighborhoodsThe Kresge Foundation says it will invest in large-scale Detroit projects that help convert blighted land into mixed-use, mixed-income developments.
Detroit Hosting National Conference On Vacant PropertiesPeople representing government, business and nonprofits from around the country are visiting Detroit to discuss issues related to vacant properties.
Detroit Launching Zero-Interest Loan Program To Help Repair Homes, Improve NeighborhoodsLive in Detroit? Need a hand fixing up the house? Help is coming.
Squatters In 'Abandonminiums' Slow Detroit's Plan To Bulldoze Way To Prosperity"You look for one that's decent, already fixed up," the 58-year-old homeless woman said. She sees it as a community service.
Businessman Drops Plan To Buy Thousands Of Vacant Detroit HomesHerb Strather has dropped plans to buy 6,350 vacant houses and lots he earlier claimed in a tax foreclosure auction.
Demolition Underway, But Developer Hopes To Preserve Parts Of Decaying Packard PlantSome preliminary demolition is underway at Detroit's historic Packard Plant, to prepare the sprawling complex of abandoned buildings for an ambitious redevelopment project.
Parolees, Probationers To Join In Detroit Blight CleanupParolees and probationers are expected to join law enforcement officials and a Detroit neighborhood group to help eliminate blight in the city.
Report: Detroit Spent Big Money To Renovate Homes Sold At Fraction Of Price Detroit spent as much as $537,000 per home renovating 30 houses starting in 2011 under a federal program to fight blight before selling most for less than $100,000 each.
Task Force: Blight Removal In Detroit Will Cost $850 Million"We're going to find the money, and we're going to get it done," said Detroit businessman Dan Gilbert.