Apr
21
US Treasury Grants Michigan $188M for Blight Removal
ByMichigan’s application ranked higher than any of the other 19 which took part in the process.
Delray community in Detroit
Detroit—The State of Michigan was awarded a whopping $188 million in this year’s final allocation phase of the Hardest Hit Fund initiative, the largest amount received by any state in the program. Kevin Elsenheimer and Mary Townley from the Michigan State Housing Development Authority created Michigan’s application which ranked higher than those of all other 19 states.
“This new funding would not have been possible without the diverse coalition that came together in support of the Detroit-led effort to get Congressional approval for $2 billion in additional blight removal funding nationally”, Detroit Mayor Mike Duggan said in a statement. Senator Debbie Stabenow, JPMorgan Chase CEO Jamie Dimon, Quicken Loans founder Dan Gilbert and Reverend Jesse Jackson have all been involved in the process…
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