8 years ago
Detroit tries unconventional approach to restoring its housing market
For Jazley Trouser, a 25-year-old Home Depot worker who has endured her share of hard times, the opportunity to become a homeowner was too good to pass up. With a $1,000 bid on the city’s online auction site, Trouser bought a four-bedroom Tudor plundered by thieves. A $25,000 grant from a community bank covered her renovation costs. Now she owns the 1929 home, restored to its former glory, mortgage free.
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