The federal government is pushing to eradicate a long-standing symbol of Detroit’s massive economic deterioration: the abandoned house. On Tuesday, the regulator of government-controlled Fannie Mae and Freddie Mac announced a pilot program that will begin in coming weeks in Detroit to keep families in their current homes through loan modifications, match distressed properties with non-profit organizations for resales and assist in building demolition.
Category Archives: Michigan
Three properties that provide public housing are recommended to be rezoned, following action at the May 6, 2014 meeting of the Ann Arbor planning commission. The sites are part of the Ann Arbor Housing Commission’s major initiative to upgrade the city’s public housing units by seeking private investors through low-income housing tax credits.
AAHC director Jennifer Hall explained that PL zoning doesn’t allow housing to be built on it. As AAHC seeks private funding to rehab its properties, it needs to ensure if a building burns down, for example, it could be rebuilt.