With rent and mortgage costs rising and communities across the state challenged to develop enough housing for their residents, the Michigan Municipal League and Michigan Economic Development Corporation have reached back into the past to develop new strategies to help communities add more housing options to their existing neighborhoods.
Currently, there is $61 million in financial assistance available in Oakland County for rent and utilities.
The Small Business Association is implementing several changes to their Payroll Protection Program (PPP) loans in order to help more small businesses.
This extension provides homeowners with additional time to request a forbearance from their mortgage servicer.
Here patrons can check out fun and useful items such as GoPro cameras, an electric keyboard, a guitar, a cue robot, an Amazon Firestick, Google Next, Kindles, and basics like tools, electronics, and games.
The county Board of Commissioners approved a $5 million allocation from the Coronavirus Aid, Relief, and Economic Security (CARES) Act last week to fund the program. An additional $3.1 million comes from the federal community development block grants.
Step Forward Program Helps Save Homes from Foreclosure (Oakland County Treasurer Andy Meisner Press Release, Dec. 28, 2015) Southfield, MI – With foreclosures causing as much as an 8 percent loss in property values of neighboring homes, according to the Federal Reserve of Boston, and Oakland County losing $14 billion in taxable value during the…