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To Avoid a ‘Catastrophic Situation,’ East Lansing Refinances the DDA’s Debt (Again)

Why was "catastrophe" looming? ELi explains and tells you what happened with the latest refinance of the Evergreen Properties debt.

Editor

• 6 min read
To Avoid a ‘Catastrophic Situation,’ East Lansing Refinances the DDA’s Debt (Again)
Two old houses still stand on the DDA’s Evergreen Avenue properties. The DDA is seeking additional public money to pay for the demolition of these now-vacant properties. The new MSUFCU building can be seen in the background. (Dylan Lees for ELi)