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The Kresge Foundation today announced an astounding $180 million investment in the neighborhoods of Detroit. The announcement includes the foundation’s decision to move its headquarters from Troy, Michigan, to the Marygrove Conservancy Campus in Northwest Detroit. This constellation of commitments focuses on the neighborhoods in the Livernois-McNichols corridor, bringing the foundation’s total investments in the area to nearly $400 million. Kresge will invest more than $180 million over the next five years in housing stabilization, home ownership, commercial corridor revitalization, public space enhancements and financial support to residents and businesses in the Fitzgerald, Bagley, University District and Martin Park neighborhoods. Learn more - Detroitmi.gov/engagedetroit #DetroitNeighborhoods

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