|By PR Newswire||
|August 23, 2013 10:31 AM EDT||
MSHDA launches largest residential blight removal effort in state agency's 47-year history
DETROIT, Aug. 23, 2013 /PRNewswire-USNewswire/ -- The following is being released by Michigan State Housing Development Authority:
WHO: Michigan Gov. Rick Snyder, U.S. Treasury Under Secretary for Domestic Finance Mary Miller, U.S. Sen. Carl Levin, U.S. Rep. John Conyers, D-Detroit, U.S. Rep. John Dingell, D-Dearborn, U.S. Rep. Gary Peters, D-Bloomfield Twp., U.S. Rep. Dan Kildee, D-Flint, state Rep. Thomas Stallworth III (D-Detroit), Detroit City Council President Saunteel Jenkins, Detroit Police Chief James Craig, Michigan State Housing Development Authority (MSHDA) Executive Director Scott Woosley
WHAT: Kickoff of Michigan's largest residential blight removal campaign in the state housing authority's 47-year history. The U.S. Treasury in June approved the Michigan State Housing Development Authority's proposal -- the first of its kind in the nation -- to allocate a portion of its Hardest Hit Fund allocation to a blight elimination program. The $100 million effort is a federal-state-city partnership coordinated by the Snyder administration, MSHDA and locally elected officials. The money comes from $500 million Michigan was allocated in 2010 as part of the Troubled Asset Relief Program's Hardest Hit Fund, designed to help homeowners in states hit hardest by the housing crisis. The campaign will focus efforts on decreasing foreclosures and stabilizing neighborhoods through the demolition and greening of some of the more than 78,000 vacant and abandoned single-family and multi-family properties in Detroit and four of Michigan's largest urban communities, including Flint, Grand Rapids, Pontiac and Saginaw.
Gov. Snyder, Sen. Levin, Under Secretary Miller, members of Michigan's congressional delegation, Detroit, federal, state and local officials will help launch the first phase of the blight eradication initiative in Detroit's Marygrove Neighborhood near the University of Detroit-Mercy campus. Work crews will simultaneously demolish five abandoned Turner Street homes.
WHEN: 1 p.m. Monday, Aug. 26, 2013
WHERE: 16146 Turner Street (between Puritan and McNichols), Detroit, MI 48221
SOURCE Michigan State Housing Development Authority