Midas Development Corporation:
12 Detroit Families Are Threatened with Eviction by Singapore Investors & Failed Oakland County Developer
Join the Protest
Tuesday, June 24, Noon at
Midas Development Corporation
484 N. Perry Street, Pontiac
Midas Development Corporation, a Singapore-based company, is partnering with a failed Oakland County developer, Peter Barclae, to market Detroit homes it doesn’t own to Asian and American investors.
As part of the federal government’s HOME Investment Partnerships Program, Barclae built the homes near Eastern Market and pledged to sell them to the Detroit families who took occupancy. He now refuses to honor that commitment and is trying to evict a dozen families as “tenants” rather than homebuyers. Barclae wants to sell the homes to Midas, which is already marketing them to Asian and American investors as rental properties— to be managed by Midas.
The families are fighting in court to stop this arrogant breach of contract (see below). They want to buy their homes and save the neighborhood from the blight that will surely follow if they are evicted.
Stop Blight Before It Happens!
Keep the Gratiot McDougall Families in their homes.
You Can Also Support the Gratiot McDougall Families in Court :
Friday, June 20, 9:00 am, 3rd Circuit Court, Judge Leslie Kim Smith
Coleman A. Young building in Detroit, Corner of Woodward and Jefferson
Download Flyer
www.detroitevictiondefense.org
Our mailing address is:
Detroit Eviction Defense
2120 Russell
Detroit, MI 48206
