Detroit and four other Michigan cities to receive additional federal dollars for strategic demolition

In an exciting development, the U.S. Treasury Department announced last week that Michigan may use up to $100 Million—or 20%—of its Hardest Hit Fund (HHF) allocation for strategic demolition of vacant properties. Part of the Troubled Asset Relief Program (TARP), the HHF was created in 2010 to stabilize housing markets and neighborhoods by assisting families…

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