Kresge Launches $5 Million Program To Fund Neighborhood Projects
The Kresge Foundation has created a $5 million, three-year initiative to fund nonprofits working in neighborhoods across the city. The initiative, called Kresge Innovation Projects: Detroit will provide (in the first round) between $50,000 and $150,000 each for seven to 10 shovel-ready projects that can be completed in 18 months. Smaller grants will be awarded to organizations with promising ideas. The effort comes partially as a response to large scale developments and investment flowing to c...