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Detroit gets approval to use $120 million loan

By Washington Examiner
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Detroit gets approval to use $120 million loan

DETROIT (AP) — Bankrupt Detroit has been given approval to move forward with a $120 million quality of life loan to help improve city services.

Federal Judge Steven Rhodes on Wednesday approved the loan brokered with Barclays. He says Detroit can use the money to meet the needs of people living in the city.

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