Bank of America to demolish 100 Detroit homes – will donate land plots for urban farming
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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
Excerpts:
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.
2 comments
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 .
I would like two of the abondoned houses. I will catch up any back taxes owed.