June is National Homeownership Month. Celebrate with Detroit Future City!
National Homeownership Month was established in 2002. It reinforces the belief that owning a home is one of the steps towards achieving the American dream. This month also shares the joys of being a homeowner, which can encourage others to achieve the same thing.
Detroit Future City is celebrating the value that owning a home brings to families, communities, and neighborhoods across Detroit and the region. From those buying their first homes to those striving to maintain and improve their homes, Detroit Future City is supporting Detroiters in their homeownership goals.
Detroit Future City’s (DFC) work is built around two broad goals – growing Detroit’s middle class and improving the quality of life in Detroit neighborhoods. Housing markets have long been an important indicator of the economic health of a city, and understanding the housing market shift could be a powerful way to ensure more sustainable and resilient housing communities.
“Buying In: Opportunities for Increasing Homeownership in Detroit,” details comprehensive data which examines trends, challenges and solutions for increasing homeownership through mortgage lending. Read Here
“Home Sales in Detroit” and “Black Homebuyer Demand” reports examine the housing market in Detroit and the region, and provide data to help strengthen the city’s homebuying market, a primary indicator of economic health and factor in Detroiters’ opportunity to build generational wealth.
“Keeping Your Family Home” provides the reader with an understanding of the scale of heirs’ properties in Detroit and provides critical data for stakeholders to develop solutions that can help Detroiters attain legal ownership of their inherited homes. Read Here
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. Monday, June 16, 2025 from 10:30am – 4:10pm at Second Ebenezer Church (14601 Dequindre Street Detroit, MI 48212).
In celebration of National Homeownership Month, Detroit Future City – in partnership with Community Development Advocates of Detroit, and LISC Detroit – is hosting a two-part event series designed to address the systemic and individual challenges impacting homeownership in Detroit. The event will be held on Tuesday, June 17, 2025, from 8-:30am-1:00pm at Wayne State University Industry Innovation Center (I2C) (461 Burroughs St., Detroit, MI 48202).
In partnership with Detroit Future City, National Faith Homebuyers, and MiSide, Project REACh Detroit is holding a homebuyer’s fair on Saturday, June 28th from 10am-3pm at Huntington Place (1 Washington Blvd., Detroit, MI 48226)! This a great resource for first-time and prospective homebuyers looking to purchase in metro-Detroit. This event’s mission was to educate homebuyers on the home buying process to help individuals and families build wealth. Guests will leave equipped with the necessary tools and resources.
