Live Midtown - New incentives to draw residents to Midtown

[DetroitPole]

Awesome, fantastic news, and what forward thinking!

It did give me pause that south of MLK/Mack was not included. They also have a pretty funky definition of Midtown. South of MLK/Mack may not be the prettiest thing or most gentrified, but it is a critical and I believe currently disjointed link between downtown and the north Cass Corridor and deserves some love too.

[French777]

It does seem odd that Brush Park/ Cass Park is not included.

But, Hey! At least some incentive is being available. If it brings residents to midtown is could have spillover effects on both B.Park and C.Park!

[p1acebo]

So I am guessing it doesn't apply to students :-\, who would I go to contact about this?

[English]

I'd contact Provost Brown if you're a WSU student. I know that 6-10 years ago, I would have been very annoyed, as I was an adjunct for the university in '03, but was not a "benefit eligible employee."

I also agree that we should expand the southern boundary of this to I-75, especially if there is some movement with the stadium. I can't see where it would cost these large orgs that much more to do so.

[p1acebo]

I'd contact Provost Brown if you're a WSU student. I know that 6-10 years ago, I would have been very annoyed, as I was an adjunct for the university in '03, but was not a "benefit eligible employee."

I also agree that we should expand the southern boundary of this to I-75, especially if there is some movement with the stadium. I can't see where it would cost these large orgs that much more to do so.

Well technically I am an MSU medical student, we have a satellite campus at the DMC and I currently live downtown... although I am intrigued with moving to midtown. Maybe just ask the apt complexes themselves?

[Planner3357]

Looks like I need to try to get hired by one of these institutions! Although I love my place in the CBD, Midtown is awesome.

[MSUguy]

Let's hope we get a silimiar program soon for downtown Quicken, GM, Compuware and BCBS

[begingri]

Just a nice little summary of the information:

30,000 Midtown workers could get cash to live there, too


The incentives

• A $2,500 allowance for new renters toward the cost of their apartment in the first year followed by additional funding of $1,000 for the second year.
• A $1,000 allowance for existing renters who are renewing a lease in 2011.
• A $20,000 forgivable loan toward the purchase of a primary residence [[if taken at one time), or $25,000 at the rate of $5,000 per year [[if taken over five years)
• A $5,000 allocation in exterior home improvement matching funds for projects of $10,000 or more for existing homeowners.

Read more: 30,000 Midtown workers could get cash to live there, too | freep.com | Detroit Free Press

[stasu1213]

Just a nice little summary of the information:

30,000 Midtown workers could get cash to live there, too


The incentives

• A $2,500 allowance for new renters toward the cost of their apartment in the first year followed by additional funding of $1,000 for the second year.
• A $1,000 allowance for existing renters who are renewing a lease in 2011.
• A $20,000 forgivable loan toward the purchase of a primary residence [[if taken at one time), or $25,000 at the rate of $5,000 per year [[if taken over five years)
• A $5,000 allocation in exterior home improvement matching funds for projects of $10,000 or more for existing homeowners.

Read more: 30,000 Midtown workers could get cash to live there, too | freep.com | Detroit Free Press

Maybe the Garden Bowl could use their theatre to show first run movies