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Detroit Housing Revitalization Program Serves as Example for Biden's Plan

Pro Builder

Detroit Housing Revitalization Program Serves as Example for Biden's Plan. A neighborhood revitalization program in Detroit now serves as an example for a proposed housing initiative. In Detroit, many homes in need of repairs remain vacant because renovation costs would exceed the potential selling price. cbroderick.

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P3 Inks Deal for Detroit-Windsor Bridge Project Financing

ENR Construction

Bridging North America, a partnership of Fluor, ACS Infrastructure Canada and Aecon Group, reached financial close late last month to design, build, finance, operate and maintain the 1.5-mile-long mile-long Gordie Howe International Bridge Project for the Windsor-Detroit Bridge Authority under a 36-year, $4.4-billion

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The Road to Recovery in Detroit

Buisness Facilities Contributed Content

These have been dark days for Detroit. The finances of a city once the center of the automotive universe are in the hands of an unelected manager appointed by Michigan’s governor. billion in its Jefferson North plant on Detroit’s dilapidated East Side.

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Transportation Grants Help Create 880 Jobs In Metro Detroit

Business Facilities

million to the City of Detroit and the Road Commission for Oakland County. The TEDF helps finance highway, road and street projects that are critical to the movement of people and products, and getting workers to their jobs, materials to growers and manufacturers, and finished goods to consumers. City of Detroit.

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Detroit-area I-75 to see $799M of construction through 2023, part of $1.6B modernization

Construction Dive

Using a single group to design, build and finance Segment 3 shaved an estimated 10 years off the Michigan DOT's original plan, echoing a trend of state transit agencies opting for public-private partnerships.

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Seven Things to Do When an Owner Doesn’t Pay

Constructonomics

Of course we fronted large amounts of money for labor and materials that we were now looking to finance because payment was not being made. Investment in municipalities (such as municipal bonds) are some of the safest investments out there because these organizations will rarely default (I guess Detroit is an outlier).

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How Detroit’s New Land Value Tax Plan Could Serve as a Model for the Nation

Pro Builder

Luckily, a new land value tax plan from Detroit’s mayor will redistribute a portion of the collected rent or imputed rent from landowners back to the city to encourage development of more rental units while discouraging building vacancy, Forbes reports.

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