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$38M in tax incentives will turn former Detroit classrooms, 3 other projects into affordable housing

Summary by Ground News
Detroit gets $38 million in federal low-income housing tax credits. The tax incentive will help create 183 units of housing, with rent prices ranging from $470 to $940 a month for a one-bedroom. The development will provide permanent supportive housing for those who are homeless.

1 Articles

Detroit Free PressDetroit Free Press
Lean Left

$38M in tax incentives will turn former Detroit classrooms, 3 other projects into affordable housing

The federal tax incentive will help build 183 units of affordable housing in Detroit, with rents ranging from $470 to\u00a0$940 a month for a one-bedroom.

·Detroit, United States
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Bias Distribution

  • 100% of the sources lean Left
100% Left
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Detroit Free Press broke the news in Detroit, United States on Thursday, June 23, 2022.
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