Frequently Asked Questions
WHAT HAS BEEN THE IMPACT OF THE HARDEST HIT FUND BLIGHT ELIMINATION PROGRAM TO DATE (March 2015)?
The HHF Blight Elimination preserved over $400,000,000 of housing value in Detroit that otherwise would have been lost.
Each occupied house in the HHF Demolition Program target zones is now worth more – by an average of $3,600 – because of the HHF Demolition Program.
The full impact of the HHF Demolition Program on Detroit cannot be known at this time because the program is not complete. It is likely that the HHF Demolition Program will have an even more beneficial impact on housing values in Detroit than what this study, done in the middle of the program, can measure.
HOW WAS THE STUDY CONDUCTED?
To measure the impact of the HHF Demolition Program, Dynamo Metrics employed a method called spatio-temporal treatment effects analysis. Put simply, this method uses historical property data to create a scientific approach to looking at the impact of demolitions on surrounding property values. The result is a scientific estimate of the the impact of the HHF Blight Elimination Program.
The Dynamo Metrics study required data sharing and cooperation amongst the Detroit Assessor, Wayne County Treasurer, Detroit Land Bank Authrority, Detroit Police Department, Data Driven Detroit, Loveland Technologies, and the City of Detroit’s open data portal.
WHAT ARE THE POLICY IMPLICATIONS OF THE STUDY?
Rapid and targeted demolition is having an large impact on the housing market in Detroit. The study provides strong evidence that more rapid, targeted, and concentrated demolition investment will lead to a faster recovery for Detroit’s housing market.
Rapid and targeted demolition of blight has been a good use of Hardest Hit Fund federal money because it has strengthened homeowners and the community.
The study provides strong evidence that more rapid, targeted, and concentrated demolition investment will lead to a faster recovery for Detroit’s housing market.
WHO WROTE THE REPORT?
The study Estimating Home Equity Impact from Rapid, Targeted Residential Demolition in Detroit was written by Dynamo Metrics.
Dynamo Metrics, founded by researchers Nigel Griswold and Benjamin Calnin, gathers data from various government departments at the municipal, county, state, and federal levels. This data is used to develop analytics-ready datasets for governments. Once a community has a good understanding of its data, leaders and community groups have have the ability to access to predictive analytics.
Learn more about Dynamo Metrics at: http://www.dynamometrics.com/
WHERE DID THE DATA COME FROM?
The Dynamo Metrics study was only able to be completed thanks to data sharing and cooperation amongst a number of actors in Detroit, including the Detroit Assessor, Wayne County Treasurer, Detroit Land Bank Authority, Detroit Police Department, Data Driven Detroit, Loveland Technologies, and the City of Detroit’s open data portal.
WHO FUNDED THE STUDY?
The Skillman Foundation and Rock Ventures were the study's funders.
About The Skillman Foundation
Created in 1960, The Skillman Foundation is a private philanthropy committed to improving meaningful graduation rates in the Detroit region, so kids are ready for college, career, and life. The Foundation has assets of nearly a half-billion dollars, with an annual grants budget of $17 million. The Foundation works to achieve its goal by investing in community leadership, neighborhoods, safety initiatives, high-quality schools, social innovation, and youth development. www.skillman.org
About Rock Ventures
Rock Ventures LLC is the umbrella entity that provides operational coordination, guidance and integration of Quicken Loans Founder Dan Gilbert’s diverse portfolio of companies, investments and real estate purchases. Rock Ventures and its more than 110 affiliated companies across the country employ more than 24,000 team members. www.rockventures.com
WHAT IS THE DETROIT BLIGHT REMOVAL TASK FORCE?
In September 2013, the Obama Administration convened the Detroit Blight Removal Task Force to develop a detailed implementation plan to remove every blighted structure and clear every blighted vacant lot in the City of Detroit as quickly as possible using an environmentally-conscious approach. The three appointed chairpersons (Dan Gilbert, Glenda Price and Linda Smith) led a team of experts from the city, state and federal government, public and private sectors and the foundation community to collect data and create a set of recommendations. Their findings and recommendations were shared with Detroit Mayor Mike Duggan, Emergency Financial Manager Kevyn Orr and Obama Administration representatives on May 27, 2014.
More information about the blight removal task force can be found at: http://www.timetoendblight.com/
The full Blight Task Force Report can be found at http://report.timetoendblight.org/
What is the Motor City Mapping Project?
Motor City Mapping is an civic data initiative to create a database of parcel specific information to inform policy, planning, economic, and real estate development. The Motor City Mapping Data Explorer can be found at https://motorcitymapping.org/