City of Saginaw (Michigan) flipping houses with Stimulus Money

[TheTusch]

The light beige, 1,011-square-foot abode has worried neighbors for eight years now — ever since its previous owners fell short on payments and moved out of the otherwise fully-occupied West Side block.

But things have changed these past few weeks. The city of Saginaw has fixed up the home as part of an urban renewal program and it’s back on the market. Some call it the next great American housing experiment.

mLive.com: Home for the holidays: Saginaw house renovated with federal stimulus goes on market