quicken 2017 home and business can you do rental properties

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. 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. 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.

Quicken 2017 home and business can you do rental properties