DETROIT (AP) — More than 80 Detroit residents have completed a buy-back program started by the city's Land Bank Authority and are keeping homes that were lost to foreclosure.
Mayor Mike Duggan handed out some of the deeds Tuesday, saying the program "helps stabilize neighborhoods by keeping homes occupied."
The program requires homeowners or people renting homes that owners lost to foreclosure to attend homebuyer counseling sessions, pay a $1,000 fee to buy the property and sock away a month of property taxes into an escrow savings account.
About 1,500 people have contacted the land bank about the program. More than 560 people are enrolled.
- Posted July 12, 2017
- Tweet This | Share on Facebook
Detroiters completing home buy-back program get deeds
headlines Macomb
- Macomb County Meals on Wheels in urgent need of volunteers ahead of holiday season
- MDHHS hosting three, free virtual baby showers in November and December for new or expecting families
- MDHHS secures nearly 100 new juvenile justice placements through partnerships with local communities and providers
- MDHHS seeking proposals for student internship stipend program to enhance behavioral health workforce
- ABA webinar November 30 to explore the state of civil legal aid in America
headlines National
- Inter American University of Puerto Rico School of Law back in compliance with ABA standard
- Chemerinsky: The Fourth Amendment comes back to the Supreme Court
- Reinstatement of retired judge reversed by state supreme court
- Mass tort lawyer suspended for 3 years for lying to clients
- Law firms in Minneapolis are helping lawyers, staff navigate unrest
- Federal judge faces trial on charges of being ‘super drunk’ while driving
