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News & Views

Kresge investing $14 million to community finance institutions serving low-income people

December 18, 2016

The Kresge Foundation announced today $14 million in investments to six Community Development Finance Institutions (CDFIs) and Development Finance Agencies (DFAs) working to expand opportunity for low-income people in America’s cities through an initiative called Kresge Community Finance (KCF). KCF invited proposals from qualifying CDFIs and DFAs working in American…

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Food as a Platform for Neighborhood Revitalization

March 12, 2018

Food plays a central role in economic development, health and culture. The growing movement toward healthy regional food systems produces benefits for local producers and consumers, but largely overlooks low-income communities of color. This are the slides from the session at SXSW that highlighted examples of how diverse communities are using…

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Kresge announces recipients of grants for neighborhood projects in Detroit

April 1, 2015

Good morning. I’m Rip Rapson and on behalf of the entire Kresge organization, I’d like to thank you for being with us this morning. We want to move directly into the details of this very special announcement. I’d also like to extend a special welcome to Mayor Duggan, our Detroit…

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The arc of community progress in post-bankruptcy Detroit

May 20, 2015

On behalf of The Kresge Foundation, let me add my welcome to the many you’ve already received. I know there have been a number of those, but they reflect our city’s deep gratitude for the extraordinarily important work you do in cities throughout the country, including Detroit. I understand that…