Treasury Secretary Confirms Support For Detroit - WLNS TV 6 Lansing - Jackson | Your Local News Leader

Treasury Secretary Confirms Support For Detroit

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DETROIT (AP) - U.S. Treasury Secretary Jacob Lew is praising Detroit for neighborhood revitalization efforts, but he's stopping short of promising additional dollars to the bankrupt city.

Following a tour Friday of an automotive stamping plant, Lew said Detroit officials have started using $52 million from the federal Hardest Hit fund to tear down houses in one neighborhood.

He says conversations with the city have been about what can be done through available federal programs.

Lew says the state and city haven't yet submitted new applications to the Hardest Hit Fund, which was created in 2010 to help states struggling through the economic and mortgage crisis.

Lew spent two days in Detroit meeting with business, foundation and community leaders about the economy and job growth.

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