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City awarded $14 5M in grants for five development projects

Detroit received $14.5 million in grants from the Michigan Economic Development Corporation this week to support five neighborhood projects.

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Millions of dollars in new developments will aim to revitalize old Detroit neighborhoods

The Michigan Economic Development Corporation awarded the Detroit Economic Growth Corporation (DEGC) $14.5 million in grants through the Revitalization and Placemaking (RAP) 2.0 program. The money is being split between five different projects across Detroit.

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5 new Detroit development projects are moving forward with gap financing

The $14.5 million in grant funds will help to fill various budget holes from rising construction and financing costs.

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June is Immigrant Heritage Month – Latino Detroit

By Mayté Penman, TechTown Detroit bicultural business strategist, and Amanda Saab, TechTown Detroit small business services director Chapter 1 This month we celebrate Immigrant Heritage Month by recognizing the huge role immigrant entrepreneurs play by driving innovation and job growth. They are a critical component of the resilient Detroit economy. In 2020-2021, TechTown served 1,731 […]

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