Introduced by Rep. Thomas Stallworth, III D-Detroit on April 24, 2012
To create a new Detroit “public lighting infrastructure and housing stock inventory investment authority,” with the power to borrow and spend for a “single electric distribution system,” and for “increasing residential mortgage underwriting of authority-screened and financially educated borrowers who have been matched with a property purchased or transferred from the city's inventory”. Official Text and Analysis.
Referred to the House Local, Intergovernmental, and Regional Affairs Committee on April 24, 2012