What can $30 million do to help Southeast Michigan residents? Two philanthropy groups are hoping it will increase college access and graduation and strengthen ties to local employers.
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Rising rents and tax breaks for developers revive Detroit gentrification fears. But city insiders also note easier access to loans and new business in some long-dormant neighborhoods.
The first spend-down foundation in the region has been innovating as quickly as it can in order to move on to the next impactful grants, President and CEO David Egner said.