- New renters receive a $2,500 allowance of funding toward the cost of their apartment in the first year followed by additional funding of $1,000.00 for the second year.
- Existing renters receive a $1,000 allowance of funding for renewing a lease in 2011.
- New homeowners receive a $20,000 forgivable loan toward the purchase of their primary residence
- Existing homeowners receive matching funds of up to $5,000 for exterior improvements for projects of $10,000 or more.
Would this incentive help move you to midtown Detroit?
For me, I would need good schools and improved city services (safety being #1).
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