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Form D 1040L City of Detroit Detroitmi

Form D 1040L City of Detroit Detroitmi

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The city of Detroit today stands at a crossroads. Property values are relatively low. And if we're going to create a city that works for all, now is the time to do it. After a long cycle of decline, powerful forces are remaking the city piece by piece. As a Detroit resident, you know that I want to see the city that I live in really be an amazing place. We are funding and housing small businesses from across the country. We have so many projects going on, so there's a lot of noise, a lot of dust. People are leaving the city. A lot of Black people are leaving the city. What you call redevelopment is really displacement. These moves could foreshadow the future of America's factory towns. When a city experiences bad economic times, you see property values decline. With a decline, to a certain extent, developers say, Well, it's cheap to buy this, and they buy it and redevelop it. So why didn't that happen in Detroit? That was the big mystery. Are the

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