A federal grant program designed to support holistic and socially-focused planning projects at the neighborhood level has announced the winners of its most recent round of competitive grant funding.
Detroit is making an investment into the people who didn't give up the city by building affordable housing units in the Corktown area thanks to a huge grant.
Image credit: Courtesy of Practice for Architecture and Urbanism (PAU)
City officials said the three development projects will reserve more than 160 apartments as “deeply affordable.” That means a two-person household with a total income of less than $19,000 per year would be able to live there.
Detroit is receiving $30 million in federal funding to build 840 new housing units with 500 set aside under the U.S. Department of Housing & Urban Development’s “affordable” housing guidelines in Corktown.
The city was selected by HUD as part of the Choice Neighborhoods program, and the money will toward three projects in the neighborhood, including new apartments near the Michigan Central Station on Michigan Avenue. Ford is building a new 30-acre campus in Corktown.