Rocket, Detroit announce $2.2 million fund for housing counseling

Six Detroit-based nonprofits will receive a financial boost to provide housing and financial counseling through a more than $2.2 million investment the city of Detroit, Rocket Community Fund and CHN Housing Partners announced Thursday.

The nonprofits, working together as the Detroit Housing Network, will offer services to Detroit homeowners including mortgage and financial counseling, home repair assistance and property tax foreclosure prevention. The network also will help low-income households seeking home ownership.  

The Detroit Housing Network will help residents access housing resources that include the city's Homeowners Property Tax Assistance Program.

“We have a number of excellent programs that can help Detroiters stay in their homes or fix up their homes,” Mayor Mike Duggan said in a statement Thursday. “We just need to do a better job of letting Detroiters know how to access them.”

The investment includes $750,000 that Rocket Community Fund announced in March for the Detroit Housing Network as part of its 10-year, joint $500 million commitment to Detroit. The investment also includes $1.5 million in COVID-19 response funds the city’s Detroit Housing & Revitalization Department received through the federal CARES Act.