The Acquisition Bridge Fund, sponsored by the National Community Stabilization Trust, helps pre-approved homebuyers compete with cash investors in a tightening market. Kresge's PRI loan provides flexible capital so owner-occupant buyers in Detroit can stay competitive. View Website

This PRI supports the final portion of Marygrove’s P-20 campus plan inclusive of Florent Gilet dorms and Madam Cadillac Hall where the University of Michigan LEAPS programs are housed. View Website

National Faith Homebuyers administers Detroit's Down Payment Assistance Program, helping primarily Black families access homeownership through Community Development Block Grant funds. Kresge's PRI loan provides liquidity to bridge reimbursement delays tied to the federal funding View Website

Opportunity Resource Fund is a Detroit-based CDFI and an important lending intermediary in the Live6 neighborhood, where rising property values bring both opportunity and pressure for residents. Kresge's guarantee and PRI loan provide low-cost capital that will help the fund grow and expand access to home and business ownership along the corridor. View Website

Kresge’s loan to the Downtown Detroit Partnership (DDP) will bridge reimbursable grants from the U.S. Department of Transportation and the State of Michigan to support DDP’s I-75 Overbuild project. The project aims to evaluate how the I-375 and I-75 redesign can mitigate disruption, boost economic opportunity, and guide equitable land use. DDP will develop recommendations rooted in community input, with a focus on equity, climate-responsive design, and long-term sustainability. The broader goal is to advance restorative economic justice and position Detroit as a city where infrastructure investments support inclusive growth and population retention. View Website

Invest Detroit Foundation focuses on collaborative revitalization efforts and programs in greater downtown Detroit and economic growth in city neighborhoods. Kresge's loan furthers the Detroit program’s multi-year effort to grant-fund the commercial revitalization of the Live6 neighborhood. View Website

The Marygrove Conservancy is a nonprofit stewarding the 53-acre historic Marygrove campus in northwest Detroit. Its mission is to preserve the campus as a long-standing educational anchor while repurposing it for high-quality community use. Kresge’s loan guarantee supports the final phase of the campus’s P-20 redevelopment: renovating the Florent Gillet dorms and Madame Cadillac Hall. This investment continues the transformation of Marygrove into a cradle-to-career education hub, supporting both community revitalization and academic innovation. View Website

This guarantee supports a line of credit available to UCHC to cover advances of Federal rental assistance program funds prior to reimbursement from MI State Housing Development Authority View Website

Opportunity Resource Fund provides loans to create equitable, economic and sustainable opportunities throughout Michigan - one person, one job, one home at a time. OppFund will combine these dollars with other funds in its portfolio to provide single-family mortgages to low and moderate-income individuals and families for home purchases in Detroit. View Website

National Faith HomeBuyers' mission is to expand the American dream of homeownership to everyone. They do this by encouraging, educating and empowering families to take ownership of their lives and develop financially responsible behavior. This loan supports the Detroit Downpayment Assistance Program. View Website

This loan supports the completion of a $125 million flagship project in Midtown Detroit. The project purpose is to build a brand new, green, mixed-use development in Midtown Detroit. View Website

This guarantee benefits New Markets Tax Credits providers and covers construction completion, loan interest payments, and default costs. The Marygrove Conservancy manages operations and stewards the 53-acre Marygrove College campus in northwest Detroit as a resource for high-quality uses in the community. View Website

This program-related investment loan will support IFF and its real estate company, IFF Holdings LLC, as it serves as the development company for up to three early childhood centers in Detroit. Kresge’s commitment will support development costs. View Website

This guarantee will collateralize three loans within the City of Detroit’s HUD Section 108 Guarantee Loan Program portfolio. By satisfying HUD’s requirement for securitization of its guaranteed debt, the City of Detroit can reactivate the program as a financing source for affordable housing and neighborhood development projects. Kresge’s support of the Section 108 program helps unlock tens of millions of low-cost, long-term, flexible federal funding that will finance development in low-wealth neighborhoods. View Website

This investment supports TruFund’s Impact Developers Fund (IMD), which was established to support BIPOC and women-owned housing developers across the U.S. who lack access to affordable capital and support from conventional sources. IDF aims to build and support the ecosystem of BIPOC and women-owned housing developers by providing critical balance sheet equity capital and technical assistance. View Website

This guarantee supports a line of credit to be used to complete construction on the Liberal Arts building, which houses the Marygrove middle and high school classes. It also covers costs to begin construction on the Immaculata building, which will house the elementary program. View Website

This loan will allow Michigan Saves to carry out a project lending directly to homeowners, small businesses and nonprofits located in low- and moderate-income areas of Detroit for energy retrofitting, building electrification and solar panel installation. The loan will allow Michigan Saves to address a critical market gap, as areas of Detroit and other low-to-moderate income areas of the state do not get their fair share of lending capital for this purpose. View Website

Invest Detroit Foundation will partner with Kresge to build a new $11 million fund that will focus on providing minority-led development firms with the balance sheet equity needed to build their development firms. The Fund will also provide technical assistance to accelerate a developer’s ability to scale and create greater economic impact in the City of Detroit. View Website

This guarantee helped to facilitate the flow of rental assistance to qualifying Detroit households to ensure more Detroiters are able to access the Federal COVID-response funding and stay in their homes. View Website

This guarantee will support, in part, a pooled fund that will provide Detroit CDFIs with liquidity that enables them to initiate new lending. Detroit Small Business Recovery Fund (DSBRF) is a new emergency response loan program designed to support Detroit small businesses and nonprofits as they reopen, stabilize, and grow after COVID-19. The program leverages and combines existing infrastructure, networks, and relationships within Detroit’s CDFI community to build a scalable source of financing for participating partners. View Website