August 26, 2015 | Detroit Free Press

Quicken Loans chief Dan Gilbert and Mayor Mike Duggan said today that a program to renovate as many as 65 abandoned but salvageable homes in four Detroit neighborhoods will boost home prices across the city.

Quicken partnered with the home improvement store Home Depot and the Detroit Land Bank Authority on the program, with Quicken donating $5 million to the effort targeting homes in the Bagley, Crary-St. Mary’s, College Park and Evergreen/Outer Drive areas. The first home, at 18652 Monica in the Bagley neighborhood, will have an open house 11-5 Saturday and will be auctioned next week on the land bank’s web site, www.buildingdetroit.org. [...]

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