Contact Us

Michigan Set to Receive $100 Million in Federal Funds for Demolitions

FlintTownFan, Flickr

Michigan is set to have $100 million in federal funds freed up to help demolish vacant homes in Flint, Detroit, Pontiac, Saginaw and Grand Rapids.

According to the Detroit News, an announcement could come as soon as today. The funds would come from dollars previously allocated for mortgage relief that had been approved to target neighborhoods with abandoned and burned-out homes.

That program is part of the Troubled Asset Relief Program that was launched in 2010 to help unemployed homeowners stay in their houses and help families with underwater mortgages.

Much of the $7.6 billion, known as the Hardest Hit Fund, has gone unspent prompting lawmakers to free up the funds for neighborhood revitalization. Freshman Congressman Dan Kildee, D-Flint, has made securing the money a top priority. He has worked with Treasury Department officials and has argued the failure to demolish buildings imposes severe social and economic costs on neighborhoods.

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://wfnt.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Please solve this simple math problem to prove that you are a real person.

Sign up for WFNT Treasure Trove quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive WFNT Treasure Trove contests, events, coupons, presales, and much more delivered to you for FREE.