Since that time, 63 participants from the pilot program have completed payments and become homeowners. The pilot of Make It Home launched in 2017. The joy of homeownership and the freedom from anxiety over tax foreclosure would only be possible through our combined efforts with the city and the Quicken Loans Community Fund’s generous grant and support.” “Now, we are able to obtain the homes from the city, administer an affordable payment plan, and provide deeds to these homes free and clear. “Prior to this partnership, the only tool we had available in these situations was the tax auction, which only provided further uncertainty to the occupants of the home,” said Ted Phillips, Executive Director of UCHC.
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The United Community Housing Coalition, a nonprofit organization which provides comprehensive housing assistance to Detroit’s low-income residents, has worked to preserve and expand affordable housing opportunities for low-income Detroiters since 1973. “As Detroit comes back, we need to do everything in our power to retain residents and keep them in their homes.” “Today, through the work of our community partners and the many volunteers going door to door, we have helped 300 residents not only prevent foreclosure, but move from renting to becoming homeowners, who now hold equity in their neighborhood,” said Mayor Mike Duggan. “The Make it Home program is a vital tool for both the city and the community, as we all work together, with incredible partners like UCHC, to make sure the needs of our neighbors in Detroit are met with creative and supportive programs.”Īs Make It Home evolved from an idea to full-scale initiative, the City of Detroit was active in its implementation and committed to its success by exercising their right of first refusal, so that they could further provide housing stability in Detroit. “As the nation’s largest mortgage lender, Quicken Loans understands the value of homeownership and the stability and pride that it brings to a family and a community,” said Bill Emerson, Vice Chairman of Quicken Loans.
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Additionally, all payments from Make It Home participants are kept by UCHC in order to expand the program in future years. Through the program, UCHC then worked with each renter or owner-occupant to sell them the property for prices ranging between $2,000 and $6,000. Because of this investment, the City of Detroit was able to purchase a combined 580 homes out of the Wayne County tax foreclosure auction process and transfer the properties to UCHC. Over the last two years, the Quicken Loans Community Fund has provided $1.3 million in grant funding to UCHC. To keep these renters in their homes, the Quicken Loans Community Fund, City of Detroit, and UCHC identified a creative solution to change the lives of these Detroit residents: Make It Home. Through Neighbor to Neighbor, community organizations knocked on more than 60,000 doors, and as a result, the group identified renters as a particularly vulnerable population in the tax foreclosure crisis.ĭespite making monthly payments, many Detroit renters are unaware that their landlord isn’t paying their property taxes or that their property is in imminent danger of tax foreclosure.
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The Make It Home program was piloted in 2017 after the Quicken Loans Community Fund, the United Community Housing Coalition (UCHC) and 35 other community organizations undertook the Neighbor to Neighbor program, an unprecedented campaign to reach out to all Detroit residents in tax delinquency.
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Today’s event marks the awarding of more than 220 deeds to the initiative’s latest participants, in addition to the more than 60 that received theirs last year. Additionally, the program provides a helping hand to former homeowners who lost their properties to tax foreclosure despite being eligible for property tax exemption. Quicken Loans Community Fund also announcing investment into UCHC for grants and zero percent interest loans to Make It Home participants to use on home repairsĭETROIT, Ma– The Quicken Loans Community Fund hosted a celebration today for Detroiters who, through the Make It Home program, were able to purchase the homes they had previously rented, saving them from the tax foreclosure process.Renters at risk of displacement because their landlord failed to pay property taxes are now offered an opportunity to own their home.As of today, nearly 270 Detroiters have already received deeds to their new homes.