The City of Detroit announced more than $100 million worth of housing investment in the city, all of which will go toward preserving affordable housing.
The funding comes from six competitive Low-Income Housing Tax Credit awards. which will fund five affordable housing developments in Detroit. The limited number of 9% low income housing tax credits (LIHTC) will help create or preserve 536 units of affordable housing across the city.
A community meeting will be held Thursday night for residents in and around the Villages neighborhoods to discuss Strategic Neighborhood Fund-related improvements to the area.
The meeting is hosted by the City of Detroit’s Planning and Development department. Thursday’s meeting specifically hones in on streetscape improvement and retail attraction. Earlier this year, a new implementation plan was announced for the Islandview, West Village, East Village, Indian Village neighborhoods and nearby areas.
More than $5 million in investments will go toward an improved Butzel Playfield, a more attractive streetscape along Kercheval Avenue, additional affordable housing options, and more neighborhood rehabilitation in the Villages neighborhoods are coming in the near future, City of Detroit planning officials announced Thursday night.
A community meeting will be held in the Villages to discuss final recommendations from the City of Detroit’s Planning Department on Strategic Neighborhood Fund-related improvements to the area on Thursday night.
After a series of community meetings, the Planning Department will unveil its plans based on more than 1,500 comments and other feedback from residents.
At The Neighborhoods, we’re interested in hearing from everybody in Detroit about what matters most to you.
Do you have a story to tell about what your community group is doing in the neighborhood? Tell us.
Do you have a story to tell about a home that needs to come down in your neighborhood? Tell us.