Kiva Lending Team: Rebuild Detroit
We loan because...
We want people on fixed incomes to have a decent place to live. While increasing the population of Detroit, back to a vibrant city.
We help people on a fixed income. Social security, supplemental security income, or disability insured benefits, or old age retirement receive a reasonable rent or land contract amount equal to 30 percent of their income is directly withdrawn from the fixed income they receive. In return they are given a contract to own their land in 30 years or less and do not have to worry about being "priced out" of the housing market.
Location: Detroit Michigan
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