New York-based Living Cities, a collaborative of 22 national foundations and financial institutions, plans to invest $22 million in an effort to redensify Detroit's Woodward Corridor.
The money is comprised of grants, program-related investments from foundations and loans.
The investment is part of up to $80 million Living Cities is investing in five metropolitan areas over the next 10 years and the largest amount given to any of the cities.
Continued at: http://www.crainsdetroit.com/article...REE/101029873#
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