FY 97 Homeownership Zone
Flint, Michigan

AMOUNT OF AWARD:

Homeownership Zone Grant — $2,013,000

NEW HOMEOWNER UNITS:

319 (269 new construction, 50 rehabilitation)

PROPOSED COMPLETION:

Unknown

HOMEOWNERSHIP ZONE SITE:

The University Park Homeownership Zone (HOZ) is a 265 acre area located in the middle of Flint. It is near the Central Business District and the Flint campus of the University of Michigan. The Homeownership Zone consists of two subtarget areas that are distinct but connected. The west subtarget area is bounded by Mary Street on the north, Saginaw Street on the east, Fifth Avenue on the south, and Martin Luther King Jr. Avenue on the west. The east subtarget area is bounded by Harriet Street on the north, Industrial Avenue on the east, Cornelia Street on the south, and Saginaw Street on the west. At the time of the Homeownership Zone designation, nearly half of the area consisted of vacant or boarded-up properties, and there had been no new housing development in 12 years.

PROGRAM DESCRIPTION:

Flint encountered a number of problems that prevented the implementation of the City's original Homeownership Zone proposal. The original proposal called for the development of new homeownership housing located in two subtarget areas - University Park and Smith Village. The City also proposed to rebuild streets and infrastructure, rehabilitate and expand a local community center, create new parks and green space, and initiate a small business support program. While the University Park subtarget area is complete, redevelopment of the Smith Village area stalled. The City is revising its Homeownership Zone strategy and developing a "restart" plan.

FUNDING:

Homeownership Zone Grant — $2,013,000

PARTNERS:

Smith Revitalization, LLC — Project Manager
Rowe, Inc — Project Engineer

PROJECT OUTCOMES:

Underway

INNOVATIONS:

Underway

BEST PRACTICES:

Underway

LESSONS LEARNED:

Underway

AWARDS AND RECOGNITIONS:

None

Additional Information
 
Content Archived: May 25, 2011