In 2016, Kresge partnered with nearly a dozen other funders, banks and nonprofits to launch Detroit Home Mortgage, a financing product to help address and close the appraisal gap in Detroit’s neighborhoods. The innovative product offers a first mortgage from regional banks and a second mortgage of up to $75,000 for home renovations. Download this short, two-page case study for background on the partners involved, the challenge and response, the key numbers, and considerations Kresge’s Social Investment Team had as it worked to structure this investment.