Detroit Mayor Mike Duggan and Planning Director Maurice Cox announced a major new funding initiative to support the city's Strategic Neighborhood Fund. Funding will support projects in seven target neighborhoods.
"An effort to stabilize seven additional Detroit neighborhoods is part of a sweeping $130 million plan announced Monday that would also improve commercial corridors and boost the city's park system," reports Katrease Stafford.
"The plan is part of Detroit's ongoing Strategic Neighborhood Fund effort," adds Stafford. The city will work with Invest Detroit to raise the $130 million through corporate and philanthropic funds and matching public funds. The Kresge Foundation has promised $15 million, as the first organization to commit to the fund.
According to the article, the model for the fund has already been tested with $42 million worth of investment for projects in Islandview/Greater Villages, Vernor/Southwest, and Livernois-McNichols. The article includes more detail about what to expect in early phases of the project.
See also: "City to Expand Strategic Neighborhood Fund, Raise $130 Million for Seven Additional Neighborhoods" press release from the city of Detroit website.
Read the full story: How Detroit plans to raise $130M to invest in 7 neighborhoods
Dan Gilbert Announces $500 Million Investment in Detroit Neighborhoods
Dan Gilbert, the billionaire credited with the revitalization of development interest in and around Downtown Detroit, made a bombshell announcement in his first in-depth interview since suffering a stroke in 2019.
Startup Allows People To Invest In Affordable Housing
New tool empowers neighbors to invest in their forgotten neighborhoods, and create wealth while doing so.
Detroit to Explore 'Pink Zoning' to Reduce Red Tape
Detroit is looking for ideas to make it easier to revitalize neighborhood main streets.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California plans to bury El Niño’s downpour
If the state plays its cards right, it may be able to store a billion acre-feet of El Niño’s water in aquifers.
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
NITA’s first budget outlines $5 billion operating plan
The plan also proposes a $9.73 billion capital program for 2027 through 2031.
In Texas, data centers are swallowing promised parkland
Residents who moved to Taylor, Texas for a rural community now have to contend with three data centers in their backyard.
How a Chicago-sized wind farm beat the odds and powered on
The project spanned five presidential administrations and a standoff with a U.S. military base.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
City of Cambridge
Montrose County
The Pocatello Development Authority