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Detroit unions propel 2.1 billion rustbelt neighborhood revival
A union backed effort expands from Detroit to eight rustbelt cities with 1.2 billion from the Housing Investment Trust and 900 million from partners to repair and renovate up to 300 homes and create about 25,000 jobs over five to seven years. Cities include St. Louis Minneapolis Cleveland and Pittsburgh. The program targets aging neighborhoods, reduces vacancies, and leverages nonprofit groups to sell rehabilitated homes to low income families. Detroit’s Southwest Housing Solutions will manage rehabs aided by land bank acquisitions and city grants.
MENTIONED IN THIS ARTICLE
Detroit
Afl-Cio Housing Investment Trust
Mid- West
Minneapolis
St. Louis
Cleveland
Pittsburgh
America
Midwest
Stephen Coyle
Housing Investment Trust
Coyle
Land Bank
Detroit Land Bank Authority
St. Paul
Minnesota
Milwaukee
Columbus
Ohio
Buffalo
New York
Jack Quinn
Michigan
Rick Snyder
Land Bank Authority
Southwest Housing Solutions
Wisconsin Street
S Dorsey
Southwest
Housing Solutions
Timothy Thorland
Bedlf
Building’ Trades Council
Cooper