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Detroit Housing Revitalization Program Serves as Example for Biden's Plan

Pro Builder

Detroit Housing Revitalization Program Serves as Example for Biden's Plan. A neighborhood revitalization program in Detroit now serves as an example for a proposed housing initiative. In Detroit, many homes in need of repairs remain vacant because renovation costs would exceed the potential selling price. cbroderick.

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P3 Inks Deal for Detroit-Windsor Bridge Project Financing

ENR Construction

Bridging North America, a partnership of Fluor, ACS Infrastructure Canada and Aecon Group, reached financial close late last month to design, build, finance, operate and maintain the 1.5-mile-long mile-long Gordie Howe International Bridge Project for the Windsor-Detroit Bridge Authority under a 36-year, $4.4-billion

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How Detroit’s New Land Value Tax Plan Could Serve as a Model for the Nation

Pro Builder

Luckily, a new land value tax plan from Detroit’s mayor will redistribute a portion of the collected rent or imputed rent from landowners back to the city to encourage development of more rental units while discouraging building vacancy, Forbes reports.

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Transportation Grants Help Create 880 Jobs In Metro Detroit

Business Facilities

million to the City of Detroit and the Road Commission for Oakland County. The TEDF helps finance highway, road and street projects that are critical to the movement of people and products, and getting workers to their jobs, materials to growers and manufacturers, and finished goods to consumers. City of Detroit.

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The Road to Recovery in Detroit

Buisness Facilities Contributed Content

These have been dark days for Detroit. The finances of a city once the center of the automotive universe are in the hands of an unelected manager appointed by Michigan’s governor. billion in its Jefferson North plant on Detroit’s dilapidated East Side.

Detroit 51
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As Mortgage Rates Fall, Homebuyer Demand Rebounds

Pro Builder

in Detroit, 1.7% Financing. Prices fell 8.2% year over year in San Francisco, 2.8% in San Jose, CA, 2.7% in Pittsburgh, 2.3% in Sacramento and 1.3% They declined less than 1% in Chicago, San Diego, Los Angeles and Philadelphia. . Affordability. New-Home Sales.

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State of the Union Follow-Up: What About Rising Rents?

Pro Builder

Louis and Detroit. Housing Policy + Finance. Housing Policy + Finance. Overall, most markets where buying was most affordable were “secondary” cities—locations with smaller populations, mostly across the South and Midwest. Other cities where buying was vastly more affordable than renting included Cleveland, Pittsburgh, St.

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