Detroit Affordable Housing
We spoke with two members of Detroit Renter City, which is calling for a suspension of rent citywide.
The Preservation Partnership will expand on efforts to save 10,000 units of affordable housing across Detroit.
The "Stay Midtown" program dispersed $800,000 in subsidies over three years.
At the new City Club Apartments, a deal with the city will keep 20 percent of the 202 units affordable.
The city had hoped to bring all rentals into compliance in two years, but that timeline has proved unrealistic.
Across the city, around $38 million was spent to upgrade and keep over 300 apartment units affordable.
Right next to Little Caesars Arena, the Anchor at Mariners Inn would add 84 units of housing and ground floor retail.
Why low-income Detroiters haven’t benefited from the city’s housing boom.
The credits will mainly benefit renters making between 30 to 80 percent of the area median income.
The fund will go toward protecting current housing at risk of losing low-income tax credits and identifying new developments to be built for low-income housing.