Developer to invest $6 million to renovate vacant Holcomb Elementary in Old Redford

Developer to invest $6 million to renovate vacant Holcomb Elementary in Old Redford

The vacant Holcomb Elementary school and the surrounding area in Old Redford are getting a new lease on life with a $6 million investment The school, which has been empty for nearly 10 years, will become a 32-unit senior cooperative housing community called the St. Matthew Cooperative. The renovation will also include walking paths, parks […]

Expanded Strategic Neighborhood Fund to bring investment to seven more communities, add affordable housing

Expanded Strategic Neighborhood Fund to bring investment to seven more communities, add affordable housing

The City of Detroit’s Strategic Neighborhood Fund (SNF) will soon bring more investment into seven city neighborhoods and add additional affordable housing. The fund will raise $130 million (SNF 2.0) for investment in seven neighborhoods – Grand River Northwest, Warrendale/Cody-Rouge, Russell Woods/Nardin Park, Campau/Banglatown, Gratiot/7-Mile, East Warren/Cadieux, and Jefferson Chalmers. It has already successfully invested […]