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Detroit Neighborhood Housing Compact
November Newsletter
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November Agenda
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November Workgroup Meeting: Property Taxes in Detroit
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Tuesday Nov. 15th | 10:30am – 12:00pm
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Join us for this month’s workgroup focusing on Property Taxes in Detroit. This month’s presentations focus on property tax assessments, advocacy efforts for reform and compensation to those who unconstitutionally lost homes in Detroit, and the split-rate property taxation as a potential solution.
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Read These Before The Meeting!
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To cultivate a robust discussion, we suggest reviewing the following in advance:
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Coming up in December!
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Share your work!
We’re inviting Compact Members to give quick presentations on their work as we close out and celebrate 2022!
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For our last meeting of the year, on December 13th, we’re going to celebrate all the great work that’s happened in 2022! We’d like to invite compact members to share any specific projects or organization updates in quick presentations. If you’d like to give a presentation, please fill out this quick form here. If you have any questions, please email Alissa at ashelton@detroitfuturecity.com.
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October Meeting Recap
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Housing in the Media
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In October, the Housing Compact featured a panel and interactive session with local journalists covering housing—including evictions, new developments, city programs, affordability, tax foreclosure, home repair, and more. The panel went beyond headlines, digging into how stories get made, and how journalism can be leveraged for social change and community awareness.
The panel included Eli Newman, reporter for WDET, Detroit’s NPR Station, Nushrat Rahman, Economic Mobility Reporter for Detroit Free Press & BridgeDetroit, Aron Mondry, Editor & Reporter for The Dig of Outlier Media, Arielle Kass, Residential Real Estate Reporter, Crain’s Detroit Business, and Peter Van Dyke, CEO, VVK PR + Creative.
There were two breakout groups in which housing practitioners and journalists explored ways to work together to improve the housing system in Detroit and explore the nuances of reporting on this sector. There was a vigorous discussion around strengthening the connection between journalists and housing practitioners in order to build a sustainable relationship leading to stronger stories involving housing in Detroit.
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Compact Updates
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Detroit Housing Resource Library in Development
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The Detroit Housing Resource Library has been developed as a digitized collection of studies, instructional materials, and resources placed into a database. This is developing project that aims to function as a repository for Compact members, housing advocates and practitioners in Detroit. Resource libraries are useful in streamlining related topics within a field for either private or public use. This database is formatted via Airtable and it compiles resources under various categories within the housing topic including descriptions of each item, its associations, links and attachments, and time of updates and modifications. You may view the walkthrough presentation here. Please submit feedback to rcoker@detoitfuturecity.com.
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Announcements and Resources
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The Federal Housing Finance Agency to Replace Classic FICO With More Inclusive Credit Model
Earlier last month, the Federal Housing Finance Agency received applause from fair housing organizations such as the National Fair Housing Alliance for replacing the Classic FICO credit model relied on by Fannie Mae and Freddie Mac for nearly 20 years, for the FICO 10T and VantageScore 4.0. Sandra Thompson, the FHFA’s director states that this model is more inclusive as it considers “new payment histories for borrowers when available, such as rent, utilities and telecom payments.” Click the link below to find out more on how this may impact homebuyers.
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MSHDA’s Housing and Community Development Fund (HCDF)
MSHDA has recently approved the Michigan Housing and Community Development Fund (HCDF) Annual Allocation Draft Plan. The State of Michigan wants to hear from you about the Plan! Please join them Nov. 10th at 6PM for the HCDF Annual Allocation Draft Plan Virtual Public Hearing to offer comments on the new investment in the HCDF. All interested parties are invited to attend the public hearing and/or submit comments in writing to MSHDA at MSHDA-MISHP@Michigan.gov. Register for this free hearing below.
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Latest Media: Reporting from Outlier Media Details Old Homes in Detroit are Full of Lead
This recent reporting from Outlier Media showcases the potential dangers of lead in some of Detroit’s oldest home, but largely home purchases through the Detroit Land Bank Authority (DLBA). This story follows LaShawna Anthony, a Detroiter, who purchased one of these homes who later discovered that her children had been exposed to lead. Follow Anthony’s story to see how her family and many others navigate the difficulties of remediating lead in housing and the impact local officials play.
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PAVE Initiative: Action Plan to Advance Property Appraisal and Valuation Equity
PAVE is a first-of-its-kind interagency task force dedicated to ending bias in home appraisals process. The task force includes 13 federal agencies and offices and is chaired by HUD and the White House Domestic Policy Council. The Action Plan to Advance Property Appraisal and Valuation Equity is a blueprint for how citizens can benefit fairly from the equity built through homeownership. The PAVE Action Plan outlines the historical role of racism in the valuation of residential property and it details how government and industry stakeholders can advance equity through concrete actions and recommendations. Read more below.
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Housing Webinar: Next-Generation Innovations in Housing Affordability
Urban Institute and Ivory Innovations will be hosting a half-day symposium featuring dialogue with the 2022 winners and top 10 finalists of the Ivory Prize for Housing Affordability on Nov. 15th at 1PM. The Ivory Prize, organized by Ivory Innovations, is an annual award recognizing ambitious, feasible, and scalable solutions to housing affordability. Innovators include small and large-scale companies, nonprofit organizations, and government entities. Their solutions for housing affordability combine elements of construction and design, finance, and policy and regulatory reform that are catalyzing new approaches to drive the housing sector forward. Register below.
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Data Driven Detroit: Housing Information Portal
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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!
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