Detroit to get $52.3 million for blight removalStaff writer ▼ |
The money comes from the US Department of the Treasury, which approved $100 million from the Hardest Hit Fund for blight reduction in Detroit, Flint, Grand Rapids, Pontiac and Saginaw.
Detroit will receiver $52.3 million, Flint $20.1 million, Saginaw $11.2 million, Pontiac $3.7 million, and Grand Rapids will get $2.5 million. Approximately $10.2 million is being held in reserve to tear down additional abandoned properties that may become eligible for demolition during the pilot program and for unanticipated project costs, according to Governor Snyder's office. ■