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Detroit projects by developers of color find grant funding through Capital Impact Partners’ Equitable Development Initiative


“Capital Impact Partners’ Equitable Development Initiative’s latest round of pre-development grants, which were awarded in January, will be distributing $415,000 to 19 graduates of the program, all of whom are developers of color. That funding will be used for 16 different projects and will involve developing or renovating an expected total of more than 293,000 square feet of space in Detroit and Highland Park.”

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