White House To Announce $300M In Aid Friday To Make Detroit Safer, Erase BlightSubmitted by emalvini on Fri, 09/27/2013 - 09:48
White House To Announce $300M In Aid Friday To Make Detroit Safer, Erase Blight
By Todd Spangler
Detroit Free Press Washington Staff
WASHINGTON — Nearly $300 million in aid for Detroit — from federal and state coffers, private businesses and charitable foundations — will be announced Friday as Obama administration officials visit the city to discuss what can be done to help eradicate blight, improve transportation, encourage new business and make residents safer.
The funding will include $150 million in blight eradication and community redevelopment, including $65 million in Community Development Block Grant funding — which had already been awarded over two years but could not be accessed by the city. An additional $25 million could help hire as many as 150 firefighters in the city.