Forgivable Loan

A home previously up for auction in Detroit. (credit: Vickie Thomas/WWJ)

Marygrove Neighborhood Next On City’s List – Addressing Blighted Homes For Auction

Those bidding may qualify for a $25,000 forgivable loan — money that will be wiped off the books if the owner lives in the home for five years.

WWJ Newsradio 950–07/16/2014

Eastern Michigan University. (Wikimedia Commons)

EMU Employees Get Help To Live In Ypsi

Eastern Michigan University employees who purchase a home in Ypsilanti will be able to receive forgivable loans of $7,500 under a new program being introduced by the university.

WWJ Newsradio 950–06/03/2012

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