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DETROIT

Investment Opportunities

System support for land disposition/Title Insurance and Land Assembly Program

Detroit LISC is working with the city to revamp the land disposition process. Funds would be used to create an insurance pool that would both allow title companies to accept greater risk and help shorten the clearance and issuance process. Money would also help CDCs in many predevelopment activities, including environmental assessment and land acquisition.

Employer-based homeownership program

Companies like GM and Compuware are moving back to Detroit and are committed to redeveloping areas of the city. Sixteen new charter schools are also planned. These converging trends present LISC with an opportunity to increase homeownership in the city in partnership with employers and CDCs.

To invest in Detroit , contact:

Anika Goss Foster, Program Director
Local Initiatives Support Corporation
1249 Washington Blvd.
Suite 3000
Detroit, MI 48226
Phone 313.596.8222
AFoster@lisc.org
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