Tag: Michigan

Brownfield Redevelopment & Affordable Housing – A Unique Opportunity

Katherine Selch on

Across the nation, housing insecurity is one of the most critical issues cities are facing.  The National Low Income Housing Coalition found in 2020 that full-time minimum wage workers cannot afford a two-bedroom market-rate rental anywhere in the US.  At the current market rate average, minimum wage workers would need 97 hours per week to… Continue Reading Brownfield Redevelopment & Affordable Housing – A Unique Opportunity

Real Estate Opportunities in the Motor City?

Jason Spencer on

Three weeks ago, the 1.4 million square foot former home of American Motors sold at auction for a mere $500. Although, the auction was ultimately cancelled due to a tax dispute with the previous owner, this auction highlights the challenges and possible opportunities real estate in Detroit represents. Once known as the Paris of the Midwest,… Continue Reading Real Estate Opportunities in the Motor City?