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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]
The Detroit People Mover (DPM) is a 2.94-mile (4.73 km) elevated automated people mover system in Detroit, Michigan, United States. [3] The system operates in a one-way loop on a single track encircling downtown Detroit, using Intermediate Capacity Transit System linear induction motor technology developed by the Urban Transportation Development Corporation.
In 1976, the federal government offered $600 million (~$2.5 billion in 2023) for building a regional rapid transit system, under a single regional authority. [77] But the inability of Detroit and its suburban neighbors to solve conflicts over transit planning resulted in the region losing the majority of funding for rapid transit. [ 78 ]