This information reflects CIAC VIII. Please check back soon for updated details on CIAC IX!

Detroit, Michigan: Bankruptcy and Development

It’s the summer of 2013, and the city of Detroit has just filed for municipal bankruptcy, with debt racked up to upwards of $18 million dollars. Major industry has left Detroit, members of the community have moved out, and the city is losing its grip as it tries to recover, keep residents safe, and move forward. In our committee, it’s up to us—a group of business leaders, politicians, and public servants—to try something new and look at the cities problems from a new angle in the hopes of rejuvenating a city that once had a booming economy and endless promise.

Detroit, Michigan: Bankruptcy and Development Background Guide