New $5 Million Program Helps Black Developers Rebuild Detroit

October 2017

While Detroit is rebuilding, African-American real estate developers have been largely absent from that effort. To ensure that the pool of developers truly reflects the city’s diversity, Capital Impact launched the Equitable Development Initiative with an initial investment from JPMorgan Chase. This article illustrates how this program will combine capital support and training to empower minority real estate developers to create transformative change in the city.

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