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Some have paid well over $500,000 for homes — even $1 million-plus in instances — while others pay market-rate rents that can exceed $1,800 a month for one-bedroom apartments and $2,400 for ...
Further compounding Detroit’s problems was the fact that despite large decreases in population, its area remained unchanged, stretching thin municipal services. [2] High rates of housing vacancies in turn lead to large tracts of urban space marked by deteriorating buildings and associated with high poverty and crime rates.
The EPA’s AirNow.gov site showed Detroit in the “hazardous” range and warned that “everyone should stay indoors and reduce activity The post Detroit left with some of worst air quality in ...
Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]
Lisa DiChiera, deputy director for the Detroit Historic Designation Advisory Board, brought up concerns with the project, and areas for improvement including flood mitigation and preserving the ...
Detroit was betrayed by a lack of political vision, torn asunder by racial conflict, and devastated by deindustrialization. Detroit's problems peaked in the late 1960s and the 1970s. Since then the city has struggled to recover, to build a new economy and a new polity.
In April 2008, Detroit unveiled a $300-million stimulus plan to create jobs and revitalize neighborhoods, financed by city bonds and paid for by earmarking about 15% of the wagering tax. [14] Detroit's plans for revitalization include 7-Mile/Livernois, Brightmoor, East English Village, Grand River/Greenfield, North-End, and Osborn.
Detroit’s challenges are complex and rooted in its Rust Belt history. Once the global center of the automotive industry, Detroit was the fourth-largest city in the U.S. in the 1920s. Its ...