As blighted houses are coming down, property values are going up.

An aggressive public-private partnership to eliminate blight in Detroit has shown strong results thanks to more than $100 million in Hardest Hit Funds (HHF) from the U.S. Department of Treasury since the program was implemented in 2014. A detailed data report released in October 2015 by The Skillman Foundation, Rock Ventures, and Dynamo Metrics, in partnership with the City of Detroit, shows a significant increase in total home equity of homes in the demolition target zones. Report details can be found at DemolitionImpact.org.

The report's findings demonstrate large increases in home valuation from the HHF program in Detroit, including:

  • The valuation of homes within 500 feet of an HHF demolition increased by an estimated 4.2 percent.
  • The valuation of homes in HHF zones where a multi-faceted blight-elimination strategy was deployed increased by 13.8 percent. Multi-faceted blight-elimination includes HHF demolition, nuisance-abatement lawsuits, sales of side lots to neighbors and home auctions.

MLS Value Change

*Includes all demolitions for which the City has the date that the structure was knocked down, the cost of the demo and abatement paid to the contractor listed, and the contractor since 2014. This count includes all buildings that have been knocked down but may not necessarily have completed post-demolition site work or HHF reimbursement paperwork.
HHF is the Hardest Hit Funding program and is the largest on the city’s funding sources, when this tag is used it means HHF is the likely primary source. In some instances, a house will switch to non-HHF or have city funds used to cover additional costs over the program limit of $25,000.
Non-HHF is used primarily to cover demolitions paid for by the city, this covers commercial buildings, emergency demolitions, fire insurance escrow, and other non-HHF grants to the city or DLBA.