Michigan plan to fight blight, avoid foreclosures gets OK

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DETROIT - FEBRUARY 14: A boarded up house sits for sale February 14, 2008 in Detroit. (Photo by Bill Pugliano/Getty Images)

LANSING, Mich. (AP) — The federal government has approved Michigan’s $74.5 million plan to help homeowners statewide avoid foreclosure and eliminate blight in Detroit and Flint.

Gov. Rick Snyder on Monday announced the approval of the Michigan State Housing Development Authority’s plan by the U.S. Department of Treasury.

In a statement, Snyder says that the money under the Hardest Hit Fund program will help people stay in their homes and avoid foreclosure “while helping Detroit, Flint and other cities across our state eliminate blight and revitalize neighborhoods.”

Michigan is dedicating 75 percent of the money for blight elimination and 25 percent for mortgage assistance. Blight funds will be divided among the state’s two cities with the largest number of blighted structures, with Detroit getting $41.9 million and Flint getting $13.9 million.

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2 comments

  • Bob

    More good money being sent after bad. Flint and Detroit, Flint and Detroit, Flint and Detroit,

    Maybe we can give Flint and Detroit to Canada.

    • Andrew

      But we like Canada, why would we want to give them Flint and Detroit?
      I still think they should have just pulled the plug on Detroit and turned it into a huge military training facility. Flint, well there really isn’t enough left in Flint to turn into anything, and it isn’t like we need to have a presence there for border crossings and the like. Best just to let nature take it back over.

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