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Ilitch family revives its first historic Detroit building in 30 years

Ilitch family revives its first historic Detroit building in 30 years
bridgemi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bridgemi.com Daily Mail and Mail on Sunday newspapers.

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Detroit to Receive $30 Million to Build Apartments and Residential Units in Corktown


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. ....

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Detroit awarded $30 million federal grant for affordable housing around Corktown

Detroit has been awarded a $30 million federal grant to build hundreds of new affordable housing units west of downtown. The Choice Neighborhoods funding from the U.S. Department of Housing and Urban Development was announced Wednesday. It would be used to help fund a development of what is… ....

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Ford's Michigan Central and Newlab Announce Accessible Streets Studio Cohort


Ford’s Michigan Central and Newlab Announce Accessible Streets Studio Cohort
Ford’s Michigan Central and Newlab Announce Accessible Streets Studio Cohort
Michigan Central, Ford Motor Co.’s new mobility innovation district in Detroit’s Corktown neighborhood, and Newlab, a multi-disciplinary technology center in Brooklyn, N.Y., today announced that seven companies from a competitive pool of global applicants have been selected as members of the inaugural cohort of the Accessible Streets Studio.
Ford’s Michigan Central and Newlab announced the first seven members of the inaugural Accessible Streets Studio cohort. // Image courtesy of Newlab
Michigan Central, Ford Motor Co.’s new mobility innovation district in Detroit’s Corktown neighborhood, and Newlab, a multi-disciplinary technology center in Brooklyn, N.Y., today announced that seven companies from a competitive pool of global applicants have been selected as members of the i ....

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$6M invested for Corktown community benefits, Ford says


$6M invested for Corktown community benefits, Ford says
Ford Motor Co. has fulfilled or made progress on 36 out of 43 commitments it made on initiatives such as affordable housing and workforce development as part of a community benefits agreement tied to its Michigan Central project in Corktown.
So far, the Blue Oval has fulfilled its promise to contribute $2.5 million to a city affordable housing fund, invested $2 million of a planned $3 million for workforce development initiatives, contributed $1 million of $2.5 million to be spent on neighborhood development and invested $500,000 of a planned $2 million for education and youth development.
And Friday, applications will open for a $750,000 home-repair program Ford is funding in the three neighborhoods covered by the agreement. ....

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