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Buying In: Opportunities for Increasing Homeownership in Detroit through Mortgage Lending

Detroit

One of the most daunting statistical shifts in Detroit is this: In the wake of the mortgage market meltdown, homeownership began a steep decline. Between 2010 and 2019, a city of majority homeowners became a city of majority renters. A new analysis from Detroit Future City’s Center of Equity, Engagement & Research — a Kresge partner — outlines challenges and solutions.

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