Capital Impact Funds Spur Revitalization in Detroit

Fall 2015

The fall of 2015 was a flurry of activity as Capital Impact saw the opening of the first projects financed through its Detroit Neighborhoods Fund and Woodward Corridor Investment Fund. Michigan Live covered the ribbon cutting for the Regis Houze in midtown Detroit, which included speakers Mayor Mike Duggan and JPMorgan Chase’s Jamie Dimon. That was followed by the opening of the Regis Houze in New Center with CDFI Fund Director Annie Donovan and Kresge Foundation’s Laura Trudeau covered by Crain’s Detroit.

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