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

This guarantee supports a program designed to help smaller and mid-sized community development credit unions enter the climate-finance space by making it easier for them to participate in climate-finance loan pools from Inclusiv. Inclusiv helps low- and moderate-income communities achieve financial independence through credit unions. View Website

The HBCU Brilliance Initiative was created and designed to recognize the rich legacy and invaluable contributions HBCUs and their alumni have made to the American education system and society. The HBCU Building Readiness Pilot Fund (“Pilot”) was launched to bolster the “readiness” of HBCUs for community anchor-work strategies by enhancing their financial and operational capacity. The low-cost capital generated through the Pilot will address critical conditions related to physical assets and support solar installation. View Website

Inclusive Prosperity Capital (IPC) works to ensure all communities—especially those historically underserved—can access clean energy benefits. IPC finances projects for nonprofits, faith-based groups, small businesses, affordable housing, and lower-income homeowners. Kresge’s guarantee provides credit support for CDFIs buying into the fund, helping them overcome risk concerns and easing their path into the market. View Website

Inclusive Prosperity Capital (IPC) works to ensure all communities—especially those historically underserved—can access clean energy benefits. IPC finances projects for nonprofits, faith-based groups, small businesses, affordable housing, and lower-income homeowners. Kresge’s equity investment offers flexible, catalytic capital that IPC will blend with public and private funds to scale clean energy investments in underserved markets. T View Website

Cap Solar identifies potential clients, puts together a pipeline of investment-ready solar projects, and arranges financing and installation. Cap Solar ensures that its fellow nonprofit clients get the maximum savings from their solar installations. Kresge's $1.5 million loan to Cap Solar supports predevelopment and construction capital. View Website

The Green The Church Redevelopment Fund (GTCRED) is a Black faith-led initiative that mobilizes church-owned property for community revitalization and climate resilience. With Kresge’s investment, GTCRED will provide predevelopment and acquisition capital for faith communities seeking to transform underutilized land into housing, community centers, and clean energy projects. This investment will help GTCRED move its first wave of projects forward while positioning the fund to raise additional capital and scale its impact. This loan will be utilized as pre-development and construction financing for solar, solar+storage, and EV-charging systems installed on buildings owned or leased by members of Green the Church. View Website

The Green The Church Redevelopment Fund (GTCRED) is a Black faith-led initiative that mobilizes church-owned property for community revitalization and climate resilience. With Kresge’s investment, GTCRED will provide predevelopment and acquisition capital for faith communities seeking to transform underutilized land into housing, community centers, and clean energy projects. This investment will help GTCRED move its first wave of projects forward while positioning the fund to raise additional capital and scale its impact. This guarantee will provide credit support to a longer-term capital provider, who will provide the "take-out financing" for systems constructed with Kresge loan proceeds. 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

Collective Energy focuses on designing and implementing clean energy solutions, particularly for health centers, to ensure reliability and resilience. Kresge's $3 million guarantee help demonstrate how the new transferability of federal investment tax credits can support community projects and support long-term capital needs. View Website

USI is a national nonprofit organization that champions the cause of children and families in disinvested communities. In 2022 they became an approved CDFI with the goal of funneling economic resources into disinvested communities. Kresge's investment into this emerging CDFI is considered a “builder loan” with the explicit purpose of helping prepare USI to take on other more traditional and scalable sources of CDFI financing. View Website

Clean Energy Credit Union (CECU) offers a range of consumer climate-finance products for appliances, EVs, energy efficiency, heat pumps, solar panels, and related products. In partnership with Inclusiv, this $2 million program-related investment loan intends to accelerate the timeline in which community development credit unions enter the climate finance space and expand its solar and other climate-related lending in underserved communities. View Website

The Works is one of Memphis’ largest nonprofit real estate developers in South Memphis and has a track record of increasing available affordable housing options for residents by removing blight and clearing vacant parcels, rehabbing singlefamily and multifamily housing units, and providing housing policy advocacy work. This enterprise-level investment provides flexible, low-cost capital in Memphis. View Website

Urban Renaissance Partners will finance the first phase of renovating a vacant school building in the South City neighborhood of Memphis. The site will be redeveloped and anchored by an early childhood center, a component of the HUD South City Choice Neighborhoods Initiative (CNI).

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

The St. Bernard Project (SBP) mission is to reduce the time between a disaster and full recovery by rebuilding homes, increasing preparedness and resilience, and improving systems to better serve the needs of all Americans. SBP also works to create solutions for families in need of safe, affordable housing. This guarantee supports its Recovery Acceleration Fund (RAF), which ensures millions of dollars are available annually to help families repair their homes post disaster at no cost. View Website

The HBCU Brilliance Initiative financially supports Historically Black Colleges and Universities (HBCUs). The fund aims to help HBCUs invest in their facilities, financial stability, and long-term growth. The program also seeks to help HBCUs build their networks, policy advocacy, and research to strengthen their relationships with their communities. View Website

PosiGen is a solar panel installation company that offers residential solar and energy efficiency services to low-to-moderate-income homeowners. Kresge's loan will help PosiGen succeed and scale its work in existing and new markets. View Website

The People's Solar Energy Fund aggregates community solar projects in low and moderate-income communities across the country to secure financing at scale with a path to local ownership. These high-impact investments contribute to wealth building, job creation, racial justice, resilience, and a more democratic economy. Kresge's loan will expand availability of pre-development capital of communiy-based solar developers and others. View Website