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Thu May 5, 2011
Census shows 50% rise in vacant properties across Michigan
The number of vacancies in Michigan rose by nearly 50% over the past decade.
The foreclosure crisis likely played a big role in the rise of vacancies. The federal government doled out millions of dollars to states hit hardest by the crisis under the Neighborhood Stabilization Program (NSP).
Gordon Lambert heads up the Oakland County Community and Home Improvement Division. His group got a little over $17 million in NSP funds in 2009. Lambert says the money was used to help stem the did of foreclosures in the county:
"We took $5 million of that and put people back in houses through the county. The other roughly $10 million [was] allocated to about 10 participating communities, and they demolished houses that needed to be demolished and purchased and rehabbed houses and are now selling."
All told, Lambert says the money also helped put "about 200 people into vacant, foreclosed properties."
But Lambert says his group only got $2 million in NSP funds last year, so his group won’t be able to do nearly as much to keep up with the rising number of vacant properties in the area.
Macomb and Genesee Counties also saw a big drop in their NSP dollars in 2010.