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Bank of America to demolish 100 Detroit homes – will donate land plots for urban farming

Photo by Kevin Bauman from website 100 Abandoned Houses. See more here.

Estimated cost $1 million

By Maxwell Strachan
The Huffington Post
March 24, 2011


Bank of America, the country’s largest bank by assets, has announced an initiative to demolish one hundred abandoned Detroit homes currently under the bank’s ownership, a task that CEO Brian T. Moynihan says will “help ‘right-size’ the city,” according to the Detroit Free Press.

The bank, which estimates the costs at $1 million, says the land plots will be donated to the city “for green space, urban farming or redevelopment.”

Last year, the Wall Street Journal reported that then newly-elected Mayor Dave Bing planned to tear down 10,000 abandoned homes. But even that ambitious goal would only take care of one-ninth of the city’s 90,000 abandoned properties, according to Data Driven Detroit.

Read the complete article here.

See website 100 Abandoned Houses. here.

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1 David Jamison { 07.28.11 at 6:49 am }

I want to purchase four of these houses for my family asap . My address is 461 Christopher Ave and my telephone number is 347 303 4535 .

2 Shirley Billingsley { 11.28.11 at 9:54 am }

I would like two of the abondoned houses. I will catch up any back taxes owed.