Detroit Neighborhood Housing Compact – May 2025

May 13, 2025

May 2025 DNHC Newsletter

The State of Housing in Detroit: Speculation in its impact on Detroit Neighborhoods

At DFC we believe in increasing the number of asset-rich, economically accessible, and diverse neighborhoods. In the Detroit Housing ecosystem, we know that single family rentals play a crucial role in affordable housing. Issues like availability, cost burden, affordability and ownership are key issues to renters as well. Equipping renters and practitioners with information and programming is essential in this current environment. In May, the DNHC will host Aaron Mondry, Outlier Media where we will discuss the state of housing in Detroit through the lens of Real Estate speculation and its impact in destabilizing Detroit neighborhoods. We will highlight the work of Outlier Media’s Speculators of Detroit news series which covers key issues including cryptocurrency, remote property management and how this phenomenon is being regulated.

Meeting Details:

Meeting Goals

Understand the Impact: Gain a comprehensive understanding of how property speculation has affected Detroit neighborhoods, including economic, social, and environmental impacts.

Identify Key Players: Learn about the major speculators and their business models, and how they operate within the city.

Explore Solutions: Discuss potential strategies and policies to mitigate the negative effects of property speculation and promote responsible property ownership.

Raise Awareness: Increase public awareness about the issue of property speculation and its consequences for Detroit residents.

Meeting Flow

Welcome & Introduction
Partner updates
Policy Brief
Presentation
Heirs Update
Next Steps
Close

Meeting Date and logon information: May 20, 2025, 10am

Join Meeting Here

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Guest Presenter

Aaron Mondry | Senior Reporter

Outlier Media

Aaron (he/him) believes in telling true stories about real people. He doesn’t think there’s anything better than a crisp fall afternoon at the Detroit Jazz Fest.

Full Bio Here

Tackling Heirs’ Property Challenges Together

In April, DFC convened community leaders, legal experts, and housing advocate for a solution-focused session on heirs’ property – an often overlooked barrier to generational wealth and housing stability. In partnership with LISC Detroit and the National Consumer Law Center, participants worked through key issues including probate, estate planning, and home repair needs. The insights gathered will inform policy and program strategies to protect homeownership and ensure families can remain rooted in Detroit.

Stay tuned as we continue advancing this critical work!

SAVE THE DATE

2025 National Homeownership Month Events

Black Homeownership Collaborative 4-year anniversary will be held on June 16, 2025 from 10:30-4:10 at Second Ebenezer Church, Detroit, MI (See flyer below)
Advancing Homeownership and Housing Stability in Region O: a collaboration between DNHC and RHP Region O will be held on Tuesday, June 17, 2025, from 8-12:00pm at Tech Town I2C. Sponsorship opportunities available contact Kate Cherry at kcherry@detroitfuturecity.com More details forthcoming.
Project REACh Home Buyer Fair June 28, 2025, 10-1pm at Huntington Place more detail forthcoming. Sponsorship opportunities available contact Alex Makohn at Alex.Makohn@MiSide.org. More details forthcoming.

Housing Information Portal

The Housing Information Portal serves as a centralized source of information about housing and neighborhood-related demographics in Detroit and beyond. Click on the “Learn More” button below to explore all types of housing data!

Access Portal

The Detroit Housing Resource Library

The Detroit Housing Resource Library is a collection of studies, guides, and resources. This repository for Compact members and practitioners in Detroit, compiling resources under various categories within the housing sphere!

Access Library

Resources and Engagement Opportunities

Black Homeownership Collaborative Four Year Anniversary in Detroit

On June 16, 2025, the Black Homeownership Collaborative will host its Four Year Anniversary Event in Detroit, Michigan. Our annual event brings together housing leaders, community advocates, policymakers, and industry experts to share strategies and address the ongoing challenges in closing the racial wealth and homeownership gap.

Learn more and register

Michigan League for Public Policy Advocacy Bootcamp

Learn more and register

Register for the Real Estate Development Course

Learn to lead real estate projects that are financially viable and center on the needs of current residents. Learn key frameworks to understand the economic, social, and developmental efforts contributing to a successful real estate project.

Brought online by University of Michigan, facilitated by READ Vice President Chase Cantrell.

The Challenges and Opportunities Facing Detroit’s Housing Market

You’ll hear from developers, builders, educators, agency staff, and housing advocates who will discuss Detroit’s affordable housing challenges and opportunities. You’ll also get the historical context for Detroit’s housing market, which will set the stage for the tough conversations needed to navigate the way forward.

DO YOU HAVE CONTENT OR TOPIC IDEAS FOR THE COMPACT?

As we continue to build out the calendar for 2025, please let us know any ideas you have for newsletter content, Compact meeting content, or future Compact Topics using our new intake form below.

Let us know here!