What is the plan called that seeks to clear land for neighborhood construction?
Public funding and private investment have also been made with promises to rehabilitate neighborhoods. In April 2008, the city announced a $300-million stimulus plan to create jobs and revitalize neighborhoods, financed by city bonds and paid for by earmarking about 15% of the wagering tax. The city's working plans for neighborhood revitalizations include 7-Mile/Livernois, Brightmoor, East English Village, Grand River/Greenfield, North End, and Osborn. Private organizations have pledged substantial funding to the efforts. Additionally, the city has cleared a 1,200-acre (490 ha) section of land for large-scale neighborhood construction, which the city is calling the Far Eastside Plan. In 2011, Mayor Bing announced a plan to categorize neighborhoods by their needs and prioritize the most needed services for those neighborhoods.