Bank of America President Matt Elliott discusses Detroit’s recovery, housing affordability, Mackinac Policy Conference 2023

As cities and downtowns continue to navigate post-pandemic recovery, downtown Detroit’s recovery has been night and day, literally. While nightlife activity has nearly fully returned to pre-pandemic levels, weekday activity has been slow to return to downtown Detroit, having an impact on business and the city’s overall economic recovery.

Lending a financial perspective to the conversation about downtown Detroit’s post-pandemic recovery, Bank of America President Matt Elliott sits down with One Detroit contributor Stephen Henderson, host of “American Black Journal,” to talk about the elements —health equity, upskilling and driving small business, to name a few —Elliott thinks is important for Detroit’s recovery.

They also talk about Michigan’s housing stock, housing affordability, and the bank’s Affordable Loan Solution program that helps Detroiters become homeowners. Plus, Elliott, who is chairing the 2023 Mackinac Policy Conference, gives a preview of what’s in store for the annual conference, including this year’s theme: “The Power of And.”

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