Since its inception in June, 2015, Develop Detroit, which received startup capital from JPMorgan Chase, has been on a mission that focuses on real estate development and providing living opportunities that meet the real needs of Detroiters.
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Detroit: From Motor City to Housing Incubator | The New York Times
The 2008 financial crisis and 2013 city bankruptcy gutted Detroit’s housing market. Now, Detroit is experimenting with unorthodox ways to get people to buy homes and renovate houses that would be vacant otherwise.
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Detroit makes dent in 40,000 home demolitions – The Philadelphia Tribune
Remnants of the roof and walls creaked, groaned and then crumpled to the ground Wednesday from what once was an industrial building that covered an entire city block, likely the last structure demolished this year under Detroit’s massive blight elimination program.
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