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Term limits and bankruptcy

Michigan’s term limits are widely vilified for causing damaging turnover, a loss of institutional knowledge, increased power for lobbyists and decreased cooperation among lawmakers in Lansing. But when Next Chapter Detroit started asking about how term limits have, are and will affect Detroit’s bankruptcy, their effects became debatable and complex. ...

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DETROIT RAW

They came to the shores of the Detroit River with a message of self-reliance, love of self and people as the Nation of Islam held Saviours’ Day 2014 in Detroit. Millions of dollars were spent by the NOI in Detroit, but you’d never know it by the media focus on an alleged Instagram threat against a media intoxicated cop. ...

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MAJOR CRIME SUMMARY REPORT

On Feb. 12 at approximately 6 a.m. in the 1000 block of Chene, the 40-year-old female victim was cleaning the snow off her vehicle when she was approached by the suspects. The suspects ordered her away from the vehicle. The victim grabbed her purse and walked away. Taken were a gray 2004 Chevy Impala (Michigan plate CPL 6529) and vehicle keys. No injuries. ...

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Public hearing for housing commission plan

On April 14, The Detroit Housing Commission will hold a public hearing to discuss their 2014 Annual and Five Year Plan. The plan is now available for review at the following locations: DHC, Main Administrative Office, 1301 E. Jefferson, Detroit; DHC, Customer Service Center, 2211 Orleans, Detroit; Main Branch Public Library, Sociology and Economic Department, 5210 Woodward Avenue, Detroit. The plan will als ...

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EM Orr files Plan of Adjustment

Emergency Manager Kevyn Orr filed, Feb. 21, the City’s Plan of Adjustment and a related Disclosure Statement with the United States Bankruptcy Court for the Eastern District of Michigan. The Plan and Disclosure Statement provide the details of the City’s proposal to "(i) adjust up to as much as $18 billion in secured and unsecured debt... ...

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GM, Samaritan’s Feet pamper Detroit youth

Emmanuel “Manny” Ohonme, native of Lagos, Nigeria, has dedicated his life to help children in need of inspiration — and shoes. Ohonme is the founder and CEO of Samaritan’s Feet, an organization providing children around the globe with shoes.In 2013, Ohonme and his team distributed over 1.1 million shoes to children worldwide. ...

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What are the odds?

Twice now, U.S. Bankruptcy Court Judge Stephen Rhodes has rejected proposed settlements that would enable the city of Detroit to extricate itself from terribly costly obligations known as “interest rate swaps.” These swaps were essentially a huge gamble, with the city betting that interest rates would rise over time when it borrowed more than $1.4 billion back in 2005-06 to shore up its two pension funds. I ...

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Detroit’s bankruptcy focus of new reporting collaborative: New Michigan Media newspapers join the effort

Five of the largest ethnic and minority newspapers have a critical role in a new reporting project examining the city’s bankruptcy and its effect on the region. Funded by the John S. and James L. Knight Foundation, the project involves four nonprofit media organizations as well as New Michigan Media (NMM). All the media outlets, as part of the grant, will form the Detroit Journalism Cooperative where coordi ...

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Loans available for Detroit small businesses

The Local Initiatives Support Corporation is offering a new line of small business loans. This new infusion of dollars could aid entrepreneurs who are currently operating and those that wish to operate in low-income communities. Working with the Small Business Administration and its Community Advantage program, LISC will provide loans under $250,000 to small businesses that put down roots in distressed neig ...

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