$258 Million Detroit Project Falls Through

By: Associated Press
By: Associated Press

DETROIT (AP) -- A $258 million project announced six years ago to build about 3,000 houses in Detroit that was invested in by former Housing and Urban Development secretary Henry Cisneros has fallen through.
The Detroit News reports Thursday the project was planned for about 1,200 acres on the city's border with Grosse Pointe Park. Detroit spent millions of dollars to acquire land, tear down houses and rebuild roads in anticipation of the project. The newspaper reports the land now is a dumping ground for trash.
Cisneros blames an "unfortunate convergence of events" for what happened with the project. The former San Antonio mayor says the project "never got started."
The report comes as Cisneros was to be in Detroit to speak at a conference on helping cities that are losing population.

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