Detroit enclave built on auto industry struggles under $20M water debt | Taiwan News
Detroit enclave built on auto industry struggles under $20M water debt | 2023-05-19 22:10:09
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Detroit enclave built on auto industry struggles under $20M water debt | 2023-05-19 22:10:09
A small enclave of Detroit is considering municipal bankruptcy to help rid itself of a decades-old water debt that has grown to about $20 million and threatens to swamp the already financially struggling city
The once thriving auto manufacturing town is teetering on the edge of bankruptcy because it cannot pay its bills.
Highland Park, Michigan, a former thriving auto manufacturing town, is now on the brink of bankruptcy. The town owes $20 million to regional water services.
HIGHLAND PARK, Mich. (AP) - Kevin Houston scanned the Michigan street where his fixer-upper and older homes bridge gaps between the vacant, overgrown lots