$12.5 million fund aims to help spur minority real estate development in Detroit

$12.5 million fund aims to help spur minority real estate development in Detroit

2020

Too often, traditional lending products did not serve borrowers of color very well due to a number of systemic inequalities that include lack of collateral, education, and networks. Capital Impact launched its Diversity in Development Detroit Loan Fund with a focus on addressing these structural issues and spurring minority real estate development in the city.

Read More

Share This