Better Buildings, Better Blocks
The Better Buildings, Better Blocks curriculum teaches the nuts and bolts of small-scale real estate development to Detroit, Hamtramck, and Highland Park residents. During our three-month course, participants learn the basics of identification, acquisition, financing, leasing, and project management for neighborhood-based residential and commercial development projects. We also connect program participants to resource partners - an intentionally cultivated network of organizations that provide the resources necessary to complete development projects in and around Detroit. BCV currently implements 2 cohorts of the program each year.
"I was not only introduced to a new peer group, but I often would find myself receiving additional information that I had not planned for during our sessions. Program staff would often answer questions directly but also share their expertise and help us avoid potential pitfalls."
"I liked the resources made available to us and the ability to connect and go deeper on topics of interest and topics that I found more challenging during office hours."
"I want to stay engaged and will continue to spread the word about this program. It instantly helped me from the first class and inspired me to think bigger and know that there are resources that can support what I want to do here in the city."
The pros and cons of leverage
Understanding market value
Profit by creating value
Tax free exchanges
Developing a pro forma
To apply, you must:
Be a resident of Detroit, Hamtramck, or Highland Park (no exceptions)
Be able to attend all class sessions
Have consistent access to a computer and the Internet
Be comfortable using Microsoft Excel and PowerPoint
Be interested in community-based, real estate development
Our curriculum requires participants not only to attend each class session as well as complete all assigned readings and online videos but also requires the completion of a course term project, analyzing qualitative and quantitative reasons for purchasing a residential or mixed-use property.