April 1, 2015
The Kresge Foundation has awarded $1.6 million for 18 projects run by nonprofits working to strengthen Detroit neighborhoods.
The Kresge Innovative Projects: Detroit grants are the first to be awarded as part of a three-year, $5 million initiative announced by the Troy-based foundation last October. They align with the Detroit Future City strategic framework, a long-range blueprint for city and neighborhood revitalization in Detroit introduced early in 2013.
Eleven of the new Kresge grants are for implementation or “shovel ready” projects that must be completed within 12-18 months, and seven are planning grants for efforts that must be completed by the end of August, in time to to apply for the second round of funding in the initiative. The grants were chosen from more than 100 grant proposals, the foundation said.
Kresge Foundation gives $1.6 million to strengthen Detroit neighborhoods
Sherri Welch, April 1, 2015, Crain’s Detroit Business