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Detroit spent big to renovate 30 homes under federal program, got low sale prices ($8.7M)
AP ^ | 5-29-14 | AP Staff

Posted on 05/29/2014 2:49:35 PM PDT by Mikey_1962

Detroit spent as much as $537,000 per home renovating 30 houses starting in 2011 under a federal program to fight blight before selling most for less than $100,000 each, according to a newspaper's investigation published on Thursday.

The Detroit Land Bank transformed eyesores into gems, with features such as glass-tiled bathrooms, stainless steel appliances, underground sprinkler systems and, in some cases, geothermal heating, The Detroit News reported

A goal was to entice middle class families into the East English Village and Boston Edison neighborhoods. Land bank Executive Director Richard Wiener, who took over in January, said officials "are now moving in a different direction."

The bank is working to sell the last three homes in the program. It spent nearly $8.7 million from the U.S. Department of Housing and Urban Development on 30 homes. So far, sales have brought in about $2 million.

An average of $290,000 was spent on each home, with the 13 most expensive ones costing $300,000 to $537,000 apiece. Susan Hanafee learned from The News that $430,000 was spent on the three-story Boston Edison home she bought last year for $80,000.

"It kind of makes me sick," she said. "It didn't really need that much rehab. ... It makes me sad to think about the money that was poured into a particular house and ... to know my neighbors are having to scrape enough together to put a new roof on."

(Excerpt) Read more at therepublic.com ...


TOPICS: Business/Economy
KEYWORDS: detroit; michigan
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"It kind of makes me sick," she said. "It didn't really need that much rehab. ... It makes me sad to think about the money that was poured into a particular house and ... to know my neighbors are having to scrape enough together to put a new roof on."

Makes YOU sick?

We paid for it.

1 posted on 05/29/2014 2:49:35 PM PDT by Mikey_1962
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To: Mikey_1962

Well, they can always make it up in volume.


2 posted on 05/29/2014 2:52:24 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Mikey_1962

Rehabbing homes in Detroit. Like painting Debbie W Schultz’s toenails.


3 posted on 05/29/2014 2:52:41 PM PDT by lurk
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To: Mikey_1962

Rule # 1

No middle class person is going to move into a ghetto......


4 posted on 05/29/2014 2:54:47 PM PDT by njslim (T)
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To: Mikey_1962; All
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5 posted on 05/29/2014 2:55:02 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: lurk

Oh.....what a horrible thought.


6 posted on 05/29/2014 2:55:05 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: Mikey_1962

“It kind of makes me sick,”

Just about everything that’s happened since 1992.


7 posted on 05/29/2014 2:55:39 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: Mikey_1962

“Your Government At Work”!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


8 posted on 05/29/2014 2:57:22 PM PDT by bandleader
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To: Mikey_1962

What good is a nice house in a town where the natives are trying to mug, kill or rape you? One can only take so much diversity.


9 posted on 05/29/2014 2:59:40 PM PDT by soycd
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To: Mikey_1962

Some cities, like Detroit, need to be dealt with like Carthage, levelled and salted over. Or, nuked from space.

Corruption and stupidity are so ingrained that nobody is going to be able to fix Detroit until they totally clean house of every corrupt and incompetent bureaucrat. Now that is going to be a career-long job for whoever does it (NOT).

But then the fired bureaucrats will get a job for life under Obama The God King, and continue their locust-like plundering and pillaging of America, all the while getting a nice fat paycheck.

The Democrats make Attilla the Hun look like a lowly community disorganizer. Meanwhile they assume the greater role of Ghenghis Khan, Attilla the Hun, Tamerlane, Guderian, Mao, and Obama all rolled into one Gozer-the- Destroyer-of-mankind bureaucracy.

Just look at Detroit, California, Philadelphia, Baltimore, Cleveland, E. St. Louis, Chicago, and DC and, coming to a theater near you soon, New York City.

Biblical plagues of locust are envious of the Democrats and their paths of destruction through America and American society.

Nov. 2014 can’t come fast enough for me. It will be the first time in two years that we will be able to use flamethrowers against the Democrat locust hordes, and clear the fields of these society destroying pests.

FLAME ON!


10 posted on 05/29/2014 3:04:10 PM PDT by MadMax, the Grinning Reaper
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To: Mikey_1962

How stupid is that? Detroit is worse than I thought.


11 posted on 05/29/2014 3:06:31 PM PDT by jch10 (The Democrat mascot shouldnÂ’t be the donkey; it should be the tick.)
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To: Mikey_1962; All
Thank you for referencing that article Mikey_1962. Please bear in mind that the following critique is directed at the article and not at you.

With the exception of the federal entities indicated in the Constitution's Clauses 16 & 17 of Section 8 of Article I as examples, entities under the exclusive legislative control of Congress, the states have never delegated to the feds, via the Constitution, the specific power to tax and spend for the purpose of renovating homes.

In other words, this issue is just another example of vote-winning earmark spending for some Constitution-ignoring federal lawmaker imo. And corrupt federal lawmakers continue to get away with constitutionally indefensible taxing and spending because parents have not been making sure that their children are being taught about the federal government's constitutionally limited powers.

12 posted on 05/29/2014 3:06:50 PM PDT by Amendment10
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To: Mikey_1962

GUbamint run. — legally bungasized

The last agency you want advice is from the gubamint.


13 posted on 05/29/2014 3:12:31 PM PDT by NormsRevenge (Semper Fi - Revolution is a'brewin!!!)
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To: Mikey_1962

When it’s OPM, cost is not a factor.


14 posted on 05/29/2014 3:14:06 PM PDT by NonValueAdded (Sgt. Andrew Tahmooressi or Atty General Holder, who brought more guns to Mexico?)
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To: jch10

But Detroit was a fine city, and just turning itself around. /s


15 posted on 05/29/2014 3:19:01 PM PDT by SgtHooper (This is not my tag!)
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To: njslim
No middle class person is going to move into a ghetto

You didn't even take a look at the neighborhood before flapping your gums did you? If anything this is money wasted on blight that doesn't exist there because its actually a pretty decent neighborhood.

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The simple fact is that this money for blight reduction is going to cities all across the county. This just happens to come in the form of HUD money which is always a waste.


16 posted on 05/29/2014 3:22:46 PM PDT by cripplecreek (Remember the River Raisin.)
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To: Mikey_1962

If someone has the goal of increasing the national debt, this works out very well.


17 posted on 05/29/2014 3:27:43 PM PDT by relentlessly
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To: Mikey_1962

What private money is doing in Detroit.

http://www.freerepublic.com/focus/f-chat/3161321/posts


18 posted on 05/29/2014 3:33:11 PM PDT by cripplecreek (Remember the River Raisin.)
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To: njslim
...because they are RACIST.

Heh.

19 posted on 05/29/2014 3:33:33 PM PDT by E. Pluribus Unum ("The more numerous the laws, the more corrupt the government." --Tacitus)
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To: Mikey_1962

What a deal!


20 posted on 05/29/2014 3:38:15 PM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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