Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Homeowners Offered Cash For Improvements

DETROIT, Aug. 23 (UPI) — Homeowners in some Detroit neighborhoods can get up to $10,000 to help pay for improving the exteriors of their houses, officials say.

Citizens Bank pledged $1.6 million Monday to reimburse the homeowners up to half the cost of sprucing up their abodes as part of an effort to help Mayor David Bing’s Detroit Works Project, which seeks to entice people to buy homes in certain neighborhoods, the Detroit Free Press reported.

Also as part of the effort, Chase Bank is offering cash down payments on mortgages for all city employees in targeted neighborhoods, while Bank of America has offered police incentives to move to some areas of the city.

“All of these programs have the same goal — to help us create neighborhoods that are dense, viable and safe,” Bing said. The “partnership will support many current residents who want to invest in their homes and neighborhoods.”

The Citizens Bank program came as part of a settlement with the U.S. Justice Department enabling the bank to avoid penalties for redlining in mortgage loans in Detroit and three other Wayne County communities – River Rouge, Inkster and Romulus, the Free Press said.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Homeowners Offered Cash For Improvements”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.