Michigan may soon apply for tens of millions of dollars in federal funding to tear down blighted homes.
Michigan U.S. Senators Debbie Stabenow and Gary Peters met with Congressman Dan Kildee in Flint today to discuss the transfer of $2 billion into the federal Hardest Hit Fund.
Peters says the evidence that this program works is “overwhelming”.
“Whenever you knock down blighted homes in a neighborhood, those property values stabilize. Those properties go up in value. People move back into the neighborhood,” says Peters.