Press Conference: Home Repair Program To Invest $30 Million To Rejuvenate Blighted Detroit Neighborhoods With Union Labor

DETROIT, Nov. 20, 2015 /PRNewswire-USNewswire/ -- The following was released today by AFL-CIO Housing Investment Trust:

WHO:  

• Mayor Mike Duggan, HIT Staff 
• Brenda Jones, City Council President
• Eric Price, Executive VP HIT
• George Cushingberry, City Councilmember
• Pat Devlin, Michigan Building and Construction Trades Council
• Jim Jenkins, Jenkins Construction

WHAT:
The AFL-CIO HIT, a fixed-income investment company, announced today the Detroit Neighborhood Home Repair Program, an effort to invest up to $30 million renovating area homes. In partnership with a number of community organizations, the repair program seeks to create homeownership opportunities, generate workforce-training opportunities, and foster neighborhood stabilization by creating a sustainable and replicable model program to acquire, repair, and finance abandoned homes and properties in the Detroit Land Bank Authority inventory. HIT will unveil the scope of this program to repair between 250 and 300 abandoned homes and properties, and rebuild blighted neighborhoods over the next three to five years utilizing union labor and employing Detroit residents.

WHERE:
Northwest Activities Center Ballroom
18100 Meyers
Detroit, Michigan 48235

WHEN:
November 23, 2015             
11 a.m.

MEDIA CONTACTS:
Michael K. Frisby 202-625-4328 ([email protected])

danishes and coffee will be served

SOURCE AFL-CIO Housing Investment Trust