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Detroit City FC's $74.2M Stadium Deal Is Not a Cash Grant #Shorts
Soccer
Detroit City FC's $74.2M Stadium Deal Is Not a Cash Grant #Shorts
One Soccer Nation›
6 days ago0:48
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Detroit City FC's $74.2M Stadium Deal Is Not a Cash Grant #Shorts
Soccer
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Detroit City FC's $74.2M brownfield plan for AlumniFi Field is a 30-year reimbursement, not a cash grant. About half repays rent loss on affordable housing, and demolition is under 5%. It pays out only if the campus's taxable value and the state approvals both arrive.
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48 seconds.