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Detroit landlord sued for predatory contracts received $120K in PPP loans
Are PPP dollars â funds meant to promote stability during a pandemic â helping to subsidize housing chaos?
Posted: 5:40 PM, Jan 18, 2021
Updated: 2021-01-18 18:28:15-05
Are PPP dollars â funds meant to promote stability during a pandemic â helping to subsidize housing chaos?
A Detroit landlord currently being sued for predatory practices that have created chaos within the cityâs housing market, received over $120,000 from the federal governmentâs Paycheck Protection Program (PPP) this spring. The assistance, coupled with subsequent eviction filings, highlights a unique scenario: funds aiming to alleviate the economic uncertainty of the pandemic may, in fact, be subsidizing behaviors that amplify the tumult of COVID-19.
DetroitMichiganUnited-statesWayne-countyAmericanWayne-metroGerard-manteseTed-phillipsAlita-crowleyGrandmont-rosedaleJoe-mcguireLawrence-garcia