9983 Grandville, Detroit Michigan is an absolutely gorgeous house. It's actually amazing. All new windows and hardwood floors just to mention a few of the updates we're doing to this property. The house is located in a neighborhood that is all brick and lots of character. The neighbors look out for each other and we're going full speed to get this property online and move in ready. If you are interested in land contract terms for this house here is the breakdown: 10 year contract with only $10,000 down and a monthly payment of $850.
Contact us today on our website at http://www.detroitcityhomes.com
Thursday, November 29, 2012
Saturday, November 24, 2012
Demolishing Detroit. What it means for Investors
Destroying Detroit (in Order to Save It)
It took over 300 years to build this city. It'll take about four to knock it down. Howie Kahn rides shotgun with the men who are demolishing the abandoned, godforsaken homes of Detroit—all 70,000 of them—and paving the way for one last shot at the future
BY HOWIE KAHN
PHOTOGRAPHS BY TIM HETHERINGTON
May 2011
The massive twelve-wheeled demolition truck rumbles down the street and lures the neighbors out to gripe. It's not that the truck or the driver, Lorenzo Coney, are unwelcome. The people here just want to know what's taken them so long.
On this June morning, with the heat and humidity rising, residents emerge from their homes one by one: mostly women, mostly older, mostly taking care of their mothers and grandkids. They've been calling the city, they say, for years without response and feel as abandoned as the houses that surround them—the foreclosed, devitalized structures that require immediate wrecking. They have questions for Lorenzo. Comprehensive to-do lists for this man who has powerful machines and, so, they figure, actual power. They ask when the dead trees are coming down. They want to know when the drug dealing will stop. Does Lorenzo's boss have a job for their sons, by any chance? Or for their nephews? Or what about for themselves? They can still work, they say. They can lift things. Handle a shovel. Run a hose. They pointat any number of vacancies on their street: "You tearing down this one? What about this one? How about this one?"
When they find out Lorenzo's only there for one house, they seethe. "But those are drug houses," they demand, imploring the crew to tear them all down, imploring me to somehow tear them all down. "That one," they say, "somebody got raped in. You're not taking that one down? Are youserious? I called about that one. I called. And called. When are you doing that one? You should be here all day. All week. All year."
Lorenzo explains he's only a wrecker; he's not the mayor. He's simply following orders, knocking down houses as fast as he can.
"I can do twenty a day," says Lorenzo, standing outside a Craftsman-style bungalow at 18058 Joann. This house took the better part of 1926 to build. Crews of men dug a hole, poured a foundation, assembled floor bridging and ceiling joists and a truss for the roof. Shingles were laid down, one at a time. Wooden siding was hung. Mortar was spread and bricks were stacked. By the time the house was completed, it boasted a gable roof, central dormer windows, and generous eaves shading a balustraded veranda. Covering 1,300 square feet, it had a couple of bedrooms, a bathroom, a small kitchen, and a light-filled parlor facing the street. It was priced for a worker—less than $4,000 new—and meant, for a family, a future.
It will take Lorenzo and his two-man crew from Farrow Demolition Incorporated thirty-six minutes to destroy it. It will be their fourth wreck of the day. By 9:30 a.m., 1718 Field, 3911 Beaconsfield, and 13103 Canfield have all been reduced to rubble, having met the mechanized violence of the CAT 330D L excavator. From house to garbage in the time it takes to do a load of laundry. Soon one of Farrow's drivers will collect the remains and haul them to the landfill—eighty-year-old houses, each ground down into a hundred tons of trash and dumped from the back of a truck. In the end, the house is just one more useless thing.
Thirteen local wrecking crews have been hired to demolish 10,000 of these forsaken houses, riding up and leveling them with brute hydraulic force. Detroit had erected itself as a city of freestanding single-family homes: Victorians, neo-Gothics, boxy Foursquares, Greek and Tudor Revivals. But mostly it's a city of small, sweet, low-slung bungalows like the one on Joann that's about to be demolished so that Detroit might thrive again.
In 1950, with nearly 2 million people living within its boundaries, Detroit was the fifth-largest city in America. Over a forty-year period, the auto industry had boomed in a way that changed the country, and Detroit's population more than sextupled. But starting in the '50s, the city fell into decline. Factories closed. Jobs vanished. In the wake of the 1967 riots, race relations collapsed and the city became increasingly segregated. By 1980 the population had dwindled to 1.2 million. With far fewer Detroiters to shelter, many of the city's houses were orphaned, threatening the existence and safety of everything around them. Blight metastasized across town, leaving much of the housing stock better suited for crackheads and squatters than for legitimate investors, possible gentrifiers, or working-class families with any remaining desire to stay. Today only 700,000 souls call Detroit home, and nearly a fourth of the city's houses—a number approaching 72,000 units—are empty.
In March 2010, after ten months in office, Detroit's mayor, Dave Bing—former Piston, NBA Hall of Famer, multimillionaire founder of Bing Steel—gave his first State of the City address. In it, he made residential blight public enemy number one. "Tonight," he said, "I am unveiling a plan to demolish 3,000 dangerous residential structures this year and setting a goal of 10,000 by the end of this term." The de-blighting started immediately. The city had averaged only about 1,000 annual residential demolitions over the previous five years, and the mayor knew he had to pick up the pace. This was his problem now.
Detroit politicians have been delivering Save Detroit sermons for as long as I can remember. (I was born there in 1978.) But there was something different about Bing's speech. The mayor talked about the city as a whole, not just the nugget of Downtown that local leaders have been cradling, coddling, and polishing since the '70s. The notion of "bringing Detroit back" has always focused on several square miles of partially occupied office buildings, luxury-boxed sports stadiums, and casinos—and on keeping solvent the city's most iconic contemporary-era building, the Renaissance Center, which looks like seven stacks of obscenely waxed tires. (It has been the headquarters of both Ford and General Motors.) Meanwhile the neighborhoods, the places where the people actually live, have been almost uniformly scrubbed from public awareness. This neglect left everywhere but Downtown withered and has long set the rest of the city up for a comeback.
Though we're technically in the middle of the morning rush, there's hardly anyone on the road. Lorenzo, 49 and a twenty-six-year demolition vet, maneuvers his Kenworth, and the 80,000-pound excavator he's towing behind it, with ease. The temperature in the cab is calibrated to freezing. There's a plastic bag of water bottles and Amp Energy drinks sitting behind the gearshift on the floor and a smaller bag filled with oranges on a ledge behind Lorenzo's seat. "We don't stop long enough to eat anything else," he says, widening his sleepy eyes. "Sometimes I bring bananas."
Lorenzo heads up Gratiot, one of Detroit's main roads, one of six arteries that emerge from Downtown like the spokes of a wheel. It's a stretch of the city that once teemed with retail and restaurants. Life. Now, with its faded signage and trashed storefronts, it's wasted in a way that will prompt this story's photographer, Tim Hetherington, who lived in West Africa for almost a decade, and who was tragically killed Misurata, Libya on April 20th, to call me when he lands at the airport—just off the Gratiot drag—and ask whether he's somehow touched down in Kinshasa or Monrovia.
Read More http://www.gq.com/news-politics/big-issues/201105/detroit-renovation#ixzz2D94xBB8R
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Friday, November 23, 2012
Land Contracts are big in Detroit. Just in Time for 2013
It's no wonder that Land Contracts are finding there way back
into the market place in a major way. When the census numbers came out
and it shows that people are leaving the city and its' streets resemble
urban prairies, not to mention that there's a roomer that HUD just came
out with a new rule for it's Section 8 voucher recipients that make it
impossible for them to rent a house where there is a vacant lot or
boarded up vacant house on the 1 block stretch of the subject property.
I heard this the other day and was like, what? Where are you going to
find that?
Albeit a good idea in theory to encourage renters to seek housing in more densely populated areas within the city this still presents a problem for investors that have really nice houses in areas where there are bound to be some vacant lots and board ups. There will be even more vacant lots now that the city has just received a $6.5 Million grant from the Feds to tear down more houses.
In a time like this it's becomes even more profitable to look for land contract buyers. Now that property values are beginning to stabilize and buyers are beginning to understand that yes, you may be able to purchase a house for $10k but what you're getting for $10k is going to require some work. And unless you have the additional $30k it takes to bring the house back online than perhaps you better save yourself the headache and buy a home on land contract for a reasonable price. Detroit City Homes, a subsidiary of Sovereign Estates, LLC is currently selling lot's of houses on land contract in addition to low income affordable housing initiatives backed by Section 8.
Do you think we're poised to see a major comeback of people searching for land contract opportunities now that income tax season is right around the corner?
Albeit a good idea in theory to encourage renters to seek housing in more densely populated areas within the city this still presents a problem for investors that have really nice houses in areas where there are bound to be some vacant lots and board ups. There will be even more vacant lots now that the city has just received a $6.5 Million grant from the Feds to tear down more houses.
In a time like this it's becomes even more profitable to look for land contract buyers. Now that property values are beginning to stabilize and buyers are beginning to understand that yes, you may be able to purchase a house for $10k but what you're getting for $10k is going to require some work. And unless you have the additional $30k it takes to bring the house back online than perhaps you better save yourself the headache and buy a home on land contract for a reasonable price. Detroit City Homes, a subsidiary of Sovereign Estates, LLC is currently selling lot's of houses on land contract in addition to low income affordable housing initiatives backed by Section 8.
Do you think we're poised to see a major comeback of people searching for land contract opportunities now that income tax season is right around the corner?
Tuesday, November 20, 2012
Rental unit demand is growing in Detroit
Rental apartments from Midtown to Corktown to downtown are filling up because more workers and students are choosing to relocate to Detroit. To date, 445 employees of Detroit companies have participated in the
Live Downtown and Live Midtown programs that pay workers to relocate to
Detroit or stay in the city. In the Midtown program, the Detroit Medical
Center, Henry Ford Health System and Wayne State University offer
employees either the cash for rent, a $20,000 forgivable loan for new
homeowners or up to $5,000 in matching funds for existing homeowners to
do exterior improvement projects of $10,000 or more. Midtown's housing
dilemma is amplified by the growing number of Wayne State University
undergraduate students choosing to live in Detroit, rather than commute
from the suburbs. The university's roughly 535 apartment units have a 2
percent vacancy rate, said Tim Michael, chief housing officer at Wayne
State University. WSU has no immediate plans for more, though Michael
said he "wouldn't rule out" expansion during the next five years. "We
want as many students to live in the Midtown area as possible," he said.
Are people moving back to Detroit?
Had a conversation with a friend of mine who has a dental practice in Hamtramck. While he talked about root canals and explained the gore he sees on a daily basis we switched the subject and started talking about how many white people we see moving back to the city. It makes one wonder if Detroit could be experiencing finally what other cities like Chicago and Cincinnati have enjoyed for decades. Diversity?
No one wants to admit it but it's obvious that businesses are moving back to Detroit. Back room deals are a foot and there is a plan to revitalize the city by introducing the yuppie crowd to the Downtown area to establish a more dense population. The demand for rental housing is mind boggling. In a city where just a few years ago the last thing on a 30 something working class white professionals mind was to live downtown Detroit. But now it's hip, it's cool and it's happening. With the Kale building building it's tenant list to a three year waiting list and operating at 100% occupancy it's just the tip of the ice berg. Literally! A three year waiting list is nothing compared to the condos and penthouses that have pre sold their actual development by five years in advance. That's right, the condos and penthouses don't even have drywall, doors, HVAC or a certificate of occupancy and they're already sold. Some have reportedly been sold for millions of dollars.
So what does all this prime real estate down town mean for the rest of Detroit? Well, that's a loaded question and it's all based on speculation. But when speculating it's no different than submitting a thesis paper to a professor and expecting to get an A+. RESEARCH! Knowing the space you're investing in makes a huge difference and if there is a dollar to be made you better find a way to make it cash flow before you invest millions of dollars waiting for the rest of the market to catch up. Sovereign Estates has accomplished this and much more. With over 200 units owned and under development we're working to create a catalyst whereby the portfolio is cashflowing whilst infiltrating key areas that are poised for development.
The city of Detroit is on the brink of insolvency. So why is it that I’ve never been more optimistic about its future?
A year ago, I wrote a Forbes cover story, Detroit: City of Hope, which included a conversation with many of the city’s movers and shakers about the challenges of trying to reinvent the Motor City. The headlines since then certainly have been discouraging, at least on the government side. Mayor Dave Bing has been a disappointment and he and the do-nothing City Council can’t seem to agree on anything. Meanwhile, the city’s top lawyer is dithering in court to void an agreement with the state of Michigan for a financial oversight board. The political gamesmanship is probably just delaying the inevitable, which is either the governor’s appointment of a slash-and-burn emergency financial manager to run Detroit or a municipal bankruptcy filing, or both.
But all you have to do is visit Woodward Avenue, the spine of Detroit’s central business and cultural district, to see that something quite encouraging is happening. Woodward used to be Detroit’s Fifth Avenue or Broadway, a thriving retail and entertainment district anchored by the old Hudson’s Department store and the famous Fox Theatre. By the time I moved to Detroit in the late 1980s, all that was gone, and Woodward was a Ghost Town, just one more of those scary, abandoned places you didn’t go in the Motor City.
But not long ago, I found myself driving up Woodward on a Tuesday afternoon, and I was shocked — shocked — to see dozens of pedestrians strolling along the street. They were soaking up the sunshine at outdoor cafes, or taking a break from work at one of the downtown office buildings to stretch their legs or run errands. In any other city, this would be unremarkable. But in Detroit, it was an amazing sight. Seriously.
Friends who work downtown marvel at the number of people they see riding bikes or walking dogs in the neighborhood. They joke that joggers are running for exercise, not out of fear.
People are moving back to the city’s core. Yes, Detroit lost about 25 percent of its population in the past decade, but young professionals are moving in, lured, in part, by cash incentives offered by some of the city’s largest employers, who have added an estimated 10,000 jobs downtown in the past 18 months.
A year ago, five companies — Quicken Loans, Blue Cross/Blue Shield of Michigan, Compuware, DTE Energy and Strategic Staffing Solutions — pledged more than $4 million to help employees offset the cost of buying, renting or renovating a home in the downtown area. The program was modeled after a similar one a couple of miles to the north, in the area known as Midtown, home to big employers like Wayne State University, the Detroit Medical Center and Henry Ford Hospital. Both programs are part of an effort by these so-called “anchor institutions” to attract 15,000 talented young people downtown by 2015. So far, nearly 500 people have taken advantage of the two programs, with many more applications under way.
The problem now is there aren’t enough apartments for all the people who want to live downtown. But that’s attracting more developers who are remodeling old buildings and creating loft apartments as fast as they can.
Restaurants and nightclubs are multiplying, too. I was at a friend’s bar over the weekend and was delighted as he rattled off all the development activity going on in his neighborhood, where the only other business currently is a strip club.
As I listened to him talk about the new steakhouse opening soon on the corner, and the buildings being rehabbed down the block, I was struck by the fact that entrepreneurs and large employers, too, aren’t waiting for Detroit to solve its fiscal crisis. They sense that Detroit’s on the cusp of a rebound and they want to get in on the ground floor, while it’s still cheap. Even Twitter is opening an office downtown.
No one wants to admit it but it's obvious that businesses are moving back to Detroit. Back room deals are a foot and there is a plan to revitalize the city by introducing the yuppie crowd to the Downtown area to establish a more dense population. The demand for rental housing is mind boggling. In a city where just a few years ago the last thing on a 30 something working class white professionals mind was to live downtown Detroit. But now it's hip, it's cool and it's happening. With the Kale building building it's tenant list to a three year waiting list and operating at 100% occupancy it's just the tip of the ice berg. Literally! A three year waiting list is nothing compared to the condos and penthouses that have pre sold their actual development by five years in advance. That's right, the condos and penthouses don't even have drywall, doors, HVAC or a certificate of occupancy and they're already sold. Some have reportedly been sold for millions of dollars.
So what does all this prime real estate down town mean for the rest of Detroit? Well, that's a loaded question and it's all based on speculation. But when speculating it's no different than submitting a thesis paper to a professor and expecting to get an A+. RESEARCH! Knowing the space you're investing in makes a huge difference and if there is a dollar to be made you better find a way to make it cash flow before you invest millions of dollars waiting for the rest of the market to catch up. Sovereign Estates has accomplished this and much more. With over 200 units owned and under development we're working to create a catalyst whereby the portfolio is cashflowing whilst infiltrating key areas that are poised for development.
The city of Detroit is on the brink of insolvency. So why is it that I’ve never been more optimistic about its future?
A year ago, I wrote a Forbes cover story, Detroit: City of Hope, which included a conversation with many of the city’s movers and shakers about the challenges of trying to reinvent the Motor City. The headlines since then certainly have been discouraging, at least on the government side. Mayor Dave Bing has been a disappointment and he and the do-nothing City Council can’t seem to agree on anything. Meanwhile, the city’s top lawyer is dithering in court to void an agreement with the state of Michigan for a financial oversight board. The political gamesmanship is probably just delaying the inevitable, which is either the governor’s appointment of a slash-and-burn emergency financial manager to run Detroit or a municipal bankruptcy filing, or both.
But all you have to do is visit Woodward Avenue, the spine of Detroit’s central business and cultural district, to see that something quite encouraging is happening. Woodward used to be Detroit’s Fifth Avenue or Broadway, a thriving retail and entertainment district anchored by the old Hudson’s Department store and the famous Fox Theatre. By the time I moved to Detroit in the late 1980s, all that was gone, and Woodward was a Ghost Town, just one more of those scary, abandoned places you didn’t go in the Motor City.
But not long ago, I found myself driving up Woodward on a Tuesday afternoon, and I was shocked — shocked — to see dozens of pedestrians strolling along the street. They were soaking up the sunshine at outdoor cafes, or taking a break from work at one of the downtown office buildings to stretch their legs or run errands. In any other city, this would be unremarkable. But in Detroit, it was an amazing sight. Seriously.
Friends who work downtown marvel at the number of people they see riding bikes or walking dogs in the neighborhood. They joke that joggers are running for exercise, not out of fear.
People are moving back to the city’s core. Yes, Detroit lost about 25 percent of its population in the past decade, but young professionals are moving in, lured, in part, by cash incentives offered by some of the city’s largest employers, who have added an estimated 10,000 jobs downtown in the past 18 months.
A year ago, five companies — Quicken Loans, Blue Cross/Blue Shield of Michigan, Compuware, DTE Energy and Strategic Staffing Solutions — pledged more than $4 million to help employees offset the cost of buying, renting or renovating a home in the downtown area. The program was modeled after a similar one a couple of miles to the north, in the area known as Midtown, home to big employers like Wayne State University, the Detroit Medical Center and Henry Ford Hospital. Both programs are part of an effort by these so-called “anchor institutions” to attract 15,000 talented young people downtown by 2015. So far, nearly 500 people have taken advantage of the two programs, with many more applications under way.
The problem now is there aren’t enough apartments for all the people who want to live downtown. But that’s attracting more developers who are remodeling old buildings and creating loft apartments as fast as they can.
Restaurants and nightclubs are multiplying, too. I was at a friend’s bar over the weekend and was delighted as he rattled off all the development activity going on in his neighborhood, where the only other business currently is a strip club.
As I listened to him talk about the new steakhouse opening soon on the corner, and the buildings being rehabbed down the block, I was struck by the fact that entrepreneurs and large employers, too, aren’t waiting for Detroit to solve its fiscal crisis. They sense that Detroit’s on the cusp of a rebound and they want to get in on the ground floor, while it’s still cheap. Even Twitter is opening an office downtown.
Sunday, November 18, 2012
Detroit Housing Choice Voucher Program Section 8 Sovereign Estates
Sovereign Estates is an independent real estate investment and development firm. We are section 8 friendly with most of our homes and apartment buildings and if you're interested in applying as a tenant to live in one of our properties please feel free to visit us at Sovereign Estates.
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Detroit, MI 48238 (3.73 miles) (#1397611)
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- Press and Media Contact
Paula Silver
Vice President, Communications
Quicken Loans Inc.
1050 Woodward Ave.
Detroit, MI 48226-1906
Phone: (313) 373-7255 Fax: (877) 470-7939paulasilver@QuickenLoans.com
-
Report: Announcement Of Major Gilbert Retail Plan For Downtown Detroit Coming
By MLIVE | November 13, 2012
The report notes that retail developments, which will include national vendors and local boutiques, will be in and around the downtown Detroit buildings owned by Rock Ventures and Quicken Loans founder Dan Gilbert, who manages the properties through Bedrock Real Estate Services.Sovereign Estates is not part of this company.
-
Real Estate Award Winners Highlight Determination
By Crain's Detroit Business | November 7, 2012
Winning honors for the Michigan Real Estate Excellence Awards are two Detroit projects. Dan Gilbert’s real estate group, Bedrock Management LLC, won the Lease/Sale of the Year award for the lease to Chrysler Group LLC in the now-named Chrysler House in Detroit.
-
Mini Retail Boom is Sign of Progress
for DetroitBy Detroit Free Press | November 3, 2012
Developers and officials announced plans the last few weeks that could result in up to 35 or more new storefront retailers opening soon in greater downtown Detroit.
-
Dan Gilbert Hopes To Spur Downtown Detroit Retail Comeback With New Development
By Detroit Free Press | November 1, 2012
Quicken Loans founder and Chairman Gilbert announced through his development arm Rock Ventures it will build a 1,300-space parking garage with 33,000-square feet of retail space in downtown Detroit.
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Moosejaw To Open Pop-Up Store Downtown For Holidays
By Detroit News | October 31, 2012
Madison Heights-based outdoor retailer Moosejaw plans to open a pop-up shop in downtown Detroit Thursday for the holiday shopping season, the company said in a Wednesday statement.
-
Real Estate Rock Stars
By Ambassador | October 3, 2012
Digging Deep, Playing Hard And Winning Big.
Meet Dan Mullen and Bruce Schwartz of the Quicken Loans Bedrock Real Estate team –they work hard, play hard, win big and live fearless.
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Septemper 25, 2012 - Chrysler Opens Detroit Office In Former Dime Building
Septemper 25, 2012 - Chrysler Workers Move to New Downtown Detroit Office Space
Aug 1, 2012 - Part Two: Jim Ketai and Dan Mullen of Bedrock Real Estate Services
Aug 1, 2012 - Part One: Jim Ketai and Dan Mullen of Bedrock Real Estate Services
July 24, 2012 - Dateline Detroit: The London connection
July 10, 2012 - Amazon May Create Software Center
June 26, 2012 - CityLoft returns, expands in Detroit
June 21, 2012 - Woodward Comeback On Road To Reality
June 5, 2012 - Report: Metro Detroit to See Retail Growth This Year
May 15, 2012 - Dan Gilbert's family of Detroit companies continues to grow with no signs of slowing down
May 10, 2012 - New York Coffee Coming to Detroit
May 8, 2012 - Full By Fall: Officials Expect Gilbert's Dime Building in Detroit to Fill Up Fast
April 24, 2012 - Retailers 'Tripping Over Themselves'
April 24, 2012 - City of Detroit: A New Pro-Small Business Attitude
April 17, 2012 - LTU Reinvents Lower Woodward Corridor at detroitSHOP Studio
April 4, 2012 - Twitter To Open Office In Downtown Detroit
March 27, 2012 - Gilbert-Owned Buildings Downtown Racking Up New Tenants, Creating Jobs
March 7, 2012 - Bedrock Real Estate Helping to Redefine Detroit
February 14, 2012 - Just Baked Joins The Fray In Downtown Detroit
February 13, 2012 - A Vision for Dan Gilbert's Auction Property Score: The Grocery
February 2, 2012 - Dan Gilbert's Investment Plan for Downtown Detroit Begins to Take Shape
January 31, 2012 - Refurbished M@dison Building Shows Off Entrepreneurial Chops
January 31, 2012 - Dan Gilbert: Connectivity Is Name Of The Game
January 31, 2012 - Gilbert Adds Ninth Building to Detroit Empire
January 13, 2012 - Hot Wiring Entrepreneurship: An Experiment in Detroit
January 12, 2012 - Downtown Detroit's Big Booster
January 11, 2012 - 6 Things I Love About Detroit... So Far
January 9, 2012 - Dan Gilbert’s Detroit Real Estate Deals Mark Ambitious Development Plan
December 23, 2011 - Dan Gilbert Completes Deal for Lane Bryant, Arts League of Michigan Buildings on Woodward Ave.
November 28, 2011 - The Gilbert Effect
November 28, 2011 - Blazing Ahead
November 15, 2011 - Two Firms to Move Into Downtown Detroit Buildings Owned by Dan Gilbert
November 13, 2011 - Rehmann to Open Office in Gilbert's Dime Building
November 11, 2011 - 'Detroit is the New Detroit' — and Real Estate Developers Talk About Why That's Good
November 8, 2011 - New Plan in Works for Old Hudson's Site in Detroit
November 6, 2011 - Motor City U-Turn
November 6, 2011 - Dan Gilbert's Development Blueprint for Cleveland Looks Similar to Detroit's
November 2, 2011 - Detroit Native Dan Gilbert Bets Big on the City's Rebound
October 27, 2011 - Somerset Collection Retail Space CityLoft to Return Downtown for Holidays
October 25, 2011 - Dan Gilbert’s Real Estate Unit
October 10, 2011 - Quicken Loans Begins Move of 2,500 Additional Team Members to Heart of Downtown Detroit
September 16, 2011 - Jim Ketai Talks About How Bedrock is Helping Redefine Detroit
August 21, 2011 - Jim Ketai: Real Estate Portfolio
July 28, 2011 - Somerset Collection And Its Retailers Celebrate Detroit
July 21, 2011 - Magic Johnson: Not just Detroit Venture Partners investor — "You'll see me in Detroit"
July 13, 2011 - Downtown Detroit Dream
June 7, 2011 - Quicken Brings Skidmore to Madison Building and Sets Sights on First National
May 31, 2011 - First National Building the Next Stop on the 'WEBward Avenue' Express
April 7, 2011 - Quicken purchases Chase Tower and Two Detroit Center February 4, 2011 - Plans for Higbee Building Casino Meet ApprovalJanuary 27, 2011 - Historic Madison Theatre Building Renovated to Attract Emerging Business to Detroit September 30, 2010 - WEBward Avenue: a Vision for the Future of Detroit November 6, 2009 - Detroiters All-In on Cleveland Casino
Why hire Bedrock? Our unique strengths can help you smoothly navigate the transition in setting up, relocating or investing in urban cities like Detroit and Cleveland. We are also highly skilled in working with community leaders, government officials and financial resources to best meet your specific goals and objectives. Properties managed by Bedrock have happier tenants, achieve greater efficiencies and generate strong bottom-line results.
The answer is clear. And, our door is wide open to opportunity.
The answer is clear. And, our door is wide open to opportunity.
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HUD-approved housing counseling agencies are available to provide you with the information and assistance you need to avoid foreclosure. Call 888-995-HOPE (4673) to speak with an expert about your individual situation.Tips to Avoid Foreclosure >
Are you having trouble keeping up with your mortgage payments? Have you received a notice from your lender asking you to contact them? There are steps you can take which may help you keep your home.
The purpose of this division is to coordinate and monitor public and affordable housing construction and rehabilitation projects to ensure compliance with construction documents, work schedules, cost estimates, and U.S. Department of Housing and Urban Development and DHC regulations
and standards in support of the DHC transition to the Asset Management
Model. Work is performed under the general managerial direction of the
Capital Asset Manager under the direction of the Director of Asset
Management.
The DHC has various projects under construction from unit turns, replacements of piping to construction of a new Community Room and Management Office at the Smith Homes. The American Recovery and Reinvestment Act of 2009 ("Recovery Act") was signed into law by President Obama on February 17,
2009. It is an unprecedented effort to jumpstart our economy, create or
save three to four million jobs, and lay the foundation for a robust and
sustainable 21st century economy. The DHC received approximately
$17.9M. This section will be updated until completion of all the
projects that fall under this endeavor.
PACKETS AND FORMS
Landlord Direct Deposit Form - The Housing Authority offers direct deposit for landlords to receive their Housing Assistance Payments electronically. It's fast, it's safe, and it's convenient. Just complete the form and mail.
The Landlord Guidebook - Sources of information pertaining to the policies and procedures of the Housing Choice Voucher Program. Included in the packet is very useful information that may help in answering many questions concerning the Housing Choice Voucher Program. Also included in this packet are the Housing Quality Standard guidelines that define the unit qualifications for the Housing Choice Voucher Program.
Property Owner Change of Address Form - If you are a current HCVP landlord and need to change your mailing address, please use this form.
Request for a Change of Ownership - If you have recently purchased a property that houses Housing Choice Voucher Program clients, please complete and mail.
Utility Allowances Schedules – The U.S. Department of Housing and Urban Development (HUD) provides DHC with Allowance for Tenant-Furnished Utility Schedules for the purpose of calculating rent. The current schedules are effective 10-21-09. The schedules are formulated by the following types of housing units:
- One, two, three-story sheets are used for duplexes and multifamily housing with three or less stories.
- High/Rise sheet are used for buildings with four or more stories.
- Side by side are for those units that are all on one story.
Landlord Information
Landlord Complaint Form
IRS W-9 Form
Unit Inspections for Housing Quality Standards
Landlord Property Information - This option should only be used by landlords who have not had any property under the Section 8 Program and would like to place the property on the Section 8 list as potential rental property. Use one of the options below to enter your rental property information. If you wish to manualy submit your property information, you may download the form and carry it to the DHC housing office or you may enter the information on line.
Mission Statement
The Detroit Housing Commission will effectively and efficiently develop, manage and preserve quality affordable housing.
Our Vision
- Develop and Maintain Community Partnerships
- Promote High Quality Customer Service
- Sustain Sound Fiscal Management
- Ensure Operational Sustainability
Administrative Office
Hours of Operation:
Monday - Friday 9:00am to 4:00pm
Hours of Operation:
1301 East Jefferson
Detroit, Michigan 48207
313-877-8000
313-877-8151 Fax
TYY/TDD 800-222-3679
Assisted Housing (Section 8) Customer Service Center
Hours of Operation:
Monday - Friday 9:00am to 4:00pmHours of Operation:
2211 Orleans
Detroit, Michigan 48207
313-877-8807
313-393-3229 Fax
TYY/TDD 800-222-3679
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