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  • Where Homeownership Starts at $1 per Square Foot

    Carla Bell

    April 09, 2019 |

    Yes! Magazine |

    Text |

    800-1500 Words

    Response Location: United States, Detroit, Michigan

    In Detroit, a new program is offering homeownership for just $1 per square foot to marginalized and vulnerable people, including those who are unhoused, people with disabilities, or the formerly incarcerated. After proving an income of between $7,000 and $12,000 and the abilities to pay rent, as well as financial classes and volunteering, people can qualify to live in tiny homes, which are then handed off to the resident mortgage-free after seven years. So far, the program has built six tiny homes.

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