The $10 million contribution will go toward the Detroit Housing for the Future Fund, a private investment fund that aims to foster affordable housing projects by covering some of developers’ costs with grants and low-interest loans.
A $10 million donation to Detroit's Housing for the Future Fund is expected to help the city reach its goal of developing 2,000 affordable housing units and preserving 10,000 units of existing affordable housing.The donation, announced by KeyBank Wednesday, puts the fund at $65.5 million raised of…