The streets of Detroit clearly show the aftermath of the foreclosure crisis, with distressed and falling apart homes lining the streets of certain neighborhoods.
To combat the issue, the Michigan State Housing Development Authority plans to launch a program called "Step Forward Michigan" to support homeowners who cannot cover their monthly payments.
The idea is to save families and neighborhoods by stopping foreclosures early on in the process.
The mLive website has more:
The Michigan State Housing Development Authority says it will announce a new state program designed to help at-risk homeowners avoid foreclosures during a press event today, March 11.Sponsor Content
The "Step Forward Michigan" initiative is intended to support homeowners who are unable or struggling to cover their home payments, according to a news release from MSHDA.