Tuesday, August 27, 2013

About 4,000 blighted Detroit buildings being demolished with $52M in federal cash | Detroit Free Press | freep.com

Detroit has 78,000 vacant or abandoned buildings. Lake Worth has about 2,000. That is about 2.5% of Detroit's inventory. Lake Worth has 34,000 residents compared to Detroit's 750,000 (from a high of 1.4 million in 1950). As a ratio to population, Lake Worth has about one vacant or abandoned house per 17 residents; Detroit has one per every 10 residents. Click title for link to the Detroit Free Press article.

Part of the Lake Worth 2020 program includes money for the city to acquire and foreclose on structures that are part of that inventory.