Expanding opportunities in America’s cities

Calvert Foundation

Bethesda, Md.
$1.25 million loan guarantee

Awarded

Committed:
2013

Calvert is a community development financial institution that connects investors to the causes they care about. Calvert is among the partners in the Kresge-supported Woodward Corridor Investment Fund. This guarantee helps launch that fund, a $30.25 million fund designed to support Detroit’s revitalization by financing projects that are mixed-use, mixed income, transit-oriented and promote density, diversity, vibrancy and walkability in the city’s core.