$6M invested for Corktown community benefits, Ford says
Ford Motor Co. has fulfilled or made progress on 36 out of 43 commitments it made on initiatives such as affordable housing and workforce development as part of a community benefits agreement tied to its Michigan Central project in Corktown.
So far, the Blue Oval has fulfilled its promise to contribute $2.5 million to a city affordable housing fund, invested $2 million of a planned $3 million for workforce development initiatives, contributed $1 million of $2.5 million to be spent on neighborhood development and invested $500,000 of a planned $2 million for education and youth development.
And Friday, applications will open for a $750,000 home-repair program Ford is funding in the three neighborhoods covered by the agreement.