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10 Detroit neighborhoods to see another $40M investment

Sherri Welch
By Sherri Welch

Sherri Welch is a senior reporter for Crain’s Detroit Business covering nonprofits, philanthropy, higher education and arts and culture. Before joining Crain’s in 2003, she covered automotive suppliers and tire makers for Crain’s Rubber & Plastics News.

The Strategic Neighborhood Fund is investing in such areas as affordable housing and green spaces, efforts that a University of Michigan survey in 2019 identified as key to attracting and retaining residents.
Credit: Larry Peplin for Crain's Detroit Business
Detroit's Strategic Neighborhood Fund is investing in areas like affordable housing and green spaces to improve the quality of life in neighborhoods and create economic opportunities.
updated an hour ago

The Strategic Neighborhood Fund has raised more than half of its $40 million goal for the third round of investment in 10 Detroit neighborhoods.

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Sherri Welch
By Sherri Welch

Sherri Welch is a senior reporter for Crain’s Detroit Business covering nonprofits, philanthropy, higher education and arts and culture. Before joining Crain’s in 2003, she covered automotive suppliers and tire makers for Crain’s Rubber & Plastics News.