Hardest Hit Fund Advisory
In June of 2013, the United States Department of Treasury permitted the use of approximately $100 million of the Hardest Hit Fund for demolition of residential structures in Michigan. On August 20, 2013, Governor Snyder announced that\ Detroit will receive $52.2 million of the total sum for demolition. These funds give Detroit an unprecedented opportunity to make great strides towards accomplishing one of Detroit Future City’s 5-year goals of stabilizing the physical conditions of its neighborhoods. Detroit Future City analyzes areas where the utilization of these funds could have the largest positive impact on the wellbeing of the entire city, according to the criteria of the program, by focusing on stabilizing Detroit’s low-and moderate-vacancy neighborhoods.
Initiative lead: Edward LynchDownload Project Profile