Wednesday, April 30, 2014

OooooKay.....Demand is so great they need to give 'em more money?-------Demand for Detroit housing leads to expanded cash incentive program

Demand for Detroit housing leads to expanded cash incentive program | Detroit Free Press | freep.com: "Strong demand among professional-class workers to live in or around downtown Detroit has led to an expansion in the boundaries of a program offering cash incentives for certain employees to move to the city.
Midtown Detroit announced Monday that the boundaries for the Live Midtown program are now extended to the historic Boston-Edison district.
The expansion applies only to a purchase incentive — $20,000 toward the purchase of a primary residence.
The boundaries for the rent incentive — $2,500 toward rent for a first year in Detroit and $1,000 for a second — will stay within Midtown and downtown."

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