Kresge invests $3 million to bolster revitalization along Jefferson-Chalmers in Detroit

Sherri Welch - A $3 million program-related investment from the Kresge Foundation in the Enterprise Community Loan Fund will bolster revitalization along the Jefferson-Chalmers corridor in Detroit’s East Jefferson neighborhood. Enterprise Community Loan Fund, one of the largest U.S. Treasury-certified community development financial institutions, plans to raise additional investment capital from socially motivated residents and business owners along the corridor to build on prior revitalization