April 7, 2022
In this article, Arielle Kass of Crain’s Detroit Business details the Detroit Land Bank Authority’s Rehabbed & Ready program and mentions that Detroit Future City’s ‘Buying In’ report, that presents mortgage lending has increased tremendously over the last 10 years, though there is still work to do and Black borrowers are still rejected at a higher rate than white borrowers are. lending has increased in the city of Detroit and applicants are less likely to be rejected for loans than they were a decade ago.
