40 ways Metro Times changed Detroit (and beyond) over the past 40 years 

Page 14 of 41

click to enlarge doc122920-12292020173140.jpg

Avoiding a fall

Ann Mullen scooped the dailies in "All fall down," an April 1999 article about the bankruptcy of MCA Financial Corp., a multimillion-dollar mortgage company that owned about 3,600 rental properties in the city's poorest neighborhoods. Many of the properties were in disrepair, and the bankruptcy would've devastated Detroit's tax base, housing market, and the census count; she also exposed ties between MCA and a nonprofit that was being used to increase the company's profits. About a month after publishing, a task force of officials and neighborhood leaders formed to determine how to manage the properties and bring them up to code.

Support Local Journalism.
Join the Detroit Metro Times Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Metro Times Press Club for as little as $5 a month.

We welcome readers to submit letters regarding articles and content in Detroit Metro Times. Letters should be a minimum of 150 words, refer to content that has appeared on Detroit Metro Times, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at letters@metrotimes.com.


Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Most Popular

© 2021 Detroit Metro Times - Contact Us

Website powered by Foundation