In a presentation to creditors delivered yesterday, Detroit emergency manager Kevyn Orr outlined a last-ditch effort to save the city from bankruptcy. Many creditors would have to agree to receive less than 10 cents on the dollar.
"Detroit emergency manager Kevyn Orr laid out an extraordinary, complex and painful path back to solvency for the city of Detroit this morning in a proposed plan to creditors," report Matt Helms, Joe Guillen and Alisa Priddle.
"It would spin off the city’s water department, reduce city-provided health care for retirees and immediately stop debt payments and then use that money to keep the city operating while reinvesting $1.25 billion over the next decade to boost crucial public services like police and fire, step up blight removal and transform an antiquated, failing city government."
"The impact of the document Orr released publicly and to creditors in a historic meeting this morning cannot be understated," say the reporters.
FULL STORY: Orr: Detroit to halt debt payments, reinvest $1.25 billion in city
Detroit Still a Long Way from Recovery
It's fun to write miracle comeback stories, but the epic of Detroit's resurgence has been exaggerated, according to an article in The Conversation.
Lessons from Masterminds of Detroit's Rebirth
The enthusiasm of Detroit's new civic leadership, who engineered its bankruptcy and set up its recovery, is infectious. How the city will ultimately fare, and how other troubled cities learn from Detroit's mistakes, remains to be seen.
Commuter Taxes: An Untapped Revenue Source?
For all those cities that double population during the work day, here's a revenue thought to consider. But why restrict it to in-bound commuters? What about residents who commute-out of the city? Is the commuter tax a legitimate revenue source?
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Central Transportation Planning Staff/Boston Region MPO
Heyer Gruel & Associates PA
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions