X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DETROIT-A bill to help rebuild homes and other development projects in the Detroitarea recently was approved by the US House of Representatives. Congress passed the combined VA-HUD and Energy & Water appropriations billfor fiscal year 2001 federal government spending by a vote of 386-24recently.

Among the funded projects are:* $1 million to the Detroit Rescue Mission Ministries for building purchaseand renovation.* $700,000 to the Covenant House, Michigan, for theconstruction costs of a permanent Rights of Passage facility.* $500,000 to the city for the Detroit River PromenadeProject.* $250,000 to Motor City Blight Busters to establish arevolving loan fund for new construction, acquisition, and rehabilitationof distressed homes.* $200,000 to the Flint Chamber of Commerce foreconomic development efforts.* $1.25 million to the City of Mt. Clemens to establish a communityrecreation center.* $225,000 to the city of Ferndale for refurbishment of WashingtonElementary School for use as a community center.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. Apartments 2020Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.